Nebius stock plunges as company says it will raise $3.75 billion in debt after Meta, Nvidia deals
Nebius (NBIS) stock fell 9% on Tuesday after the AI infrastructure company announced it was raising $3.75 billion in convertible debt following major deals with Meta (META) and Nvidia (NVDA). Nebius announced it will sell convertible senior notes to institutional buyers in two series: $2 billion due 2031 and $1.75 billion due 2033. The neocloud…
