PureCycle Announces Proposed Concurrent Public Offerings of Convertible Senior Notes and Common Stock
PureCycle Technologies, Inc. has launched underwritten public offerings of $250 million in convertible senior notes due 2032 and $145 million in common stock, with additional over-allotment options available. Net proceeds are intended to repurchase a portion of their outstanding 7.25% green convertible notes due 2030 and support working capital and…