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Coinbase Completes Tender Offer for 3.625% Senior Notes Due 2031
Coinbase Global, Inc. has concluded its cash tender offer for its 3.625% Senior Notes due 2031, aiming to purchase up to $180.0 million. The offer expired on September 18, 2023. Coinbase plans to finalize payments by September 20, 2023. The total tendered amount is $262,543,000, with holders receiving $675.00 per $1,000 principal amount. Citigroup Global Markets Inc. acted as the Dealer Manager.