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[BIG TECH]■ STORY TIMELINE

AKAMAI PLANS $2.6B CONVERTIBLE BOND OFFERING

Akamai Technologies is launching a $2.6 billion convertible bond offering to fund cloud computing infrastructure expansion. The move reflects the company's capital needs as it scales its services.

2 SOURCESFIRST SEEN MAY 18, 08:16 PM► READ THE ARTICLE
Bloomberg Tech+0m

Akamai Technologies Inc. is seeking to raise $2.6 billion in a convertible bond offering to fund spending on cloud compu…

Bloomberg Tech+6d 9h

SoftBank Group Corp. plans to raise ¥260 billion ($1.6 billion) through another sale of subordinated bonds aimed mainly…