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PTON May 2024 6.500 put
| Previous close | 2.5100 |
| Open | 2.5200 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 6.50 |
| Expiry date | 2024-05-24 |
| Day's range | 2.5000 - 2.5200 |
| Contract range | N/A |
| Volume | |
| Open interest | 2 |
Barrons.comThese Stocks Are Moving the Most Today: Palo Alto Networks, Lowe’s, XPeng, Zoom Video, Keysight, Nvidia, Peloton, and More
Palo Alto Networks issues a fiscal fourth-quarter forecast that underwhelms investors, Lowe’s posts better-than-expected earnings, and Zoom Video’s outlook for second-quarter adjusted profit misses analysts’ estimates.
ReutersFitness equipment maker Peloton looks to refinance debt amid sagging demand
Convertible notes - bonds that can turn into shares at pre-agreed prices - usually pay a lower rate of interest than typical bonds and can ease the debt burden on a company. Peloton has not determined the interest it will pay on the notes, but has decided that the payments would be made semi-annually, it said. Peloton shares fell 4% after the bell.
PR NewswirePELOTON INTERACTIVE, INC. ANNOUNCES LAUNCH OF GLOBAL REFINANCING
Peloton Interactive, Inc. ("Peloton") (Nasdaq: PTON) today announced that it intends to launch a global refinancing, pursuant to which it will offer $275.0 million aggregate principal amount of convertible senior notes due 2029 (the "notes") in a private offering (the "offering") and enter into a $1.0 billion five-year term loan facility (the "new term loan facility") and a $100.0 million five-year revolving credit facility (together with the new term loan facility, the "new credit facilities").
