Markets.News
Planet Labs PBC (NYSE:PL) in San Francisco recently closed a deal for $460,000,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2030. This amount includes the full exercise of the option given to the initial purchasers to buy up to $60,000,000 aggregate principal amount of notes. Ashley Johnson, the CFO and President of Planet, expressed that the completion of this offering marks progress in establishing a lasting and influential business for years to come.