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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...

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 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....
Read More: Coinbase Adjusts Debt Buyback Offer Due to Moderate Demand

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