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Lyft Turns To Wall Street For $450 Million — What's The Ride-Hailer Planning Next? - Lyft (NASDAQ:LYFT)

Summary by Benzinga
Lyft plans to offer $450 million in convertible notes to institutional buyers, with an option for $50 million more. The proceeds will fund buybacks and potential deals.

4 Articles

Enid News & EagleEnid News & Eagle
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Green Stock NewsGreen Stock News
Lean Left

Lyft Announces Pricing of Offering of $450 million of Convertible Senior Notes

SAN FRANCISCO--(BUSINESS WIRE)--Sep 3, 2025-

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BenzingaBenzinga
Center

Lyft Turns To Wall Street For $450 Million — What's The Ride-Hailer Planning Next? - Lyft (NASDAQ:LYFT)

Lyft plans to offer $450 million in convertible notes to institutional buyers, with an option for $50 million more. The proceeds will fund buybacks and potential deals.

·New York, United States
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stocktitan.netstocktitan.net

$450 Million Convertible Notes: Lyft Raises Fresh Capital While Buying Back 5.7M Shares at $16.80

Rideshare company Lyft prices $450M convertible senior notes due 2030, with $95.7M allocated for 5.7M share buyback. Notes convertible at $23.52 per share, 40% premium to current price.

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Benzinga broke the news in New York, United States on Tuesday, September 2, 2025.
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