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STMicro Eyes $1.5 Billion Convertible Bonds After AI-Fueled Jump

Bloomberg

BusinessBloomberg·Jun 16, 2026·1 min read

STMicro Eyes $1.5 Billion Convertible Bonds After AI-Fueled Jump

STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year.

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