FIVN - Why Software Company Five9 Shares Are Sliding Premarket Today | Benzinga
Five9, Inc. (NASDAQ:FIVN) shares are trading lower Tuesday morning. Yesterday, the company announced a proposed $600 million convertible notes offering.
The aggregate principal amount of convertible senior notes is due 2029 in a private placement to qualified institutional buyers.
Five9 also expects to grant the initial purchasers of the notes a 13-day option to buy up to an additional $90 million principal ...