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Nebius Plans $4.5 Billion Convertible Debt Sale to Fund Data Centers, AI Platform

Summary by WTVB
Aug 19 (Reuters) - AI cloud provider Nebius Group said on Wednesday it plans to raise $4.5 billion through an offering ​of private convertible notes, as it ‌seeks to ramp up investments in data centers and computing capacity. The Amsterdam-headquartere...

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Nebius plans $4.5 billion convertible debt sale to fund data centers ...

·London, United Kingdom
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AI infrastructure company Nebius is down nearly 8 percent in pre-market trading. The company is looking to raise the equivalent of SEK 42.8 billion via convertible loans. The stock is on the list of companies that “The Big Short” profile Michael Burry is shorting.

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Channel News Asia broke the news in Singapore, Singapore on Wednesday, August 19, 2026.
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