Coinbase Adjusts Debt Buyback Offer Due to Moderate Demand
Coinbase has made some changes to its debt buyback program following lackluster demand. In a Monday announcement, the largest US-based crypto exchange said that since the program started earlier this month, investors hav...
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In a Monday announcement, the largest US-based crypto exchange said that since the program started earlier this month, investors have tendered just over $50 million worth of bonds, falling short of the targeted $150 million.
As a result, Coinbase has increased its offer on 3.625% senior notes due in 2031 from 64.5 cents on the dollar to 67.5 cents on the dollar....
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