Confluent Seeks to Raise $1 Billion via Private Institutional Debt Offering

Confluent Seeks to Raise $1 Billion via Private Institutional Debt Offering
A picture illustration shows $100 bank notes taken in Tokyo, Japan, on Aug. 2, 2011. Yuriko Nakao/Reuters
Benzinga
Updated:

Confluent Inc. proposed to offer $1.0 billion convertible senior notes due 2027 in a private institutional placement.

The initial purchasers of the notes have 13 days to issue up to an additional $100.0 million notes.