HYDR - What's Going On With Plug Power Shares Wednesday? | Benzinga
Plug Power, Inc. (NASDAQ:PLUG) shares are trading higher in the premarket session on Wednesday.
In an exchange filing, the company said it issued $140.396 million in aggregate principal amount of its 7% convertible senior notes due 2026 under an indenture dated March 20, 2024, between the company and Wilmington Trust, National Association, as trustee.
The new notes were issued in exchange for $138.816 million in aggregate principal amount of the company’s 3.75% convertible senior notes due 2025.
Following the closing of the exchange transactions, approximately $58.5 million ...