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Dropbox upsizes convertible senior debt offering to $1.1 billion

By Public Technologies
  • Dropbox priced $1.1 billion of convertible senior notes due 2031, increasing the offering from $1 billion.
  • Initial purchasers received a 13-day option to buy an additional $150 million of notes.
  • Proceeds will help repay at least $750 million of term loans, fund $175 million in share repurchases and cover hedging costs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dropbox Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261109623758) on November 10, 2026, and is solely responsible for the information contained therein.

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