18 May 2026

Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds (David Morris/Bloomberg)

David Morris / Bloomberg:
Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds  —  Akamai Technologies Inc. is seeking to raise $2.6 billion in a convertible bond offering to fund spending on cloud computing infrastructure.

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