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Markets: Coinbase Bumps Up Bond Offering To $1.5B

Markets: Coinbase Bumps Up Bond Offering To $1.5B



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  1. tldr; Coinbase is raising $1.5 billion in its first-ever bond offering, up 20% from the $1 billion it previously planned to raise. The bonds are in two tranches, one due for redemption by 2028 and the other by 2031. The company is raising money to fuel its day-to-day operations and expansion into foreign markets.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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