Euronet Worldwide Inc. announced that it intends to offer $500 million in convertible senior notes to qualified institutional buyers.
The interest rate and terms of the notes will be determined by negotiations between Euronet (Nasdaq: EEFT) and the initial purchasers.
The notes, which will mature on March 15, 2049, are subject to redemption for cash at Euronet's option on or after Sept. 20, 2022. Holders can cause the Leawood-based electronic payments provider to repurchase the notes for cash…
