DoorDash to Offer $2 Billion of Convertible Senior Notes to ‘Enhance Strategic Flexibility’

pymnts.com/aggregators/2025/doordash-offer-2-billion-dollars-convertible-senior-notes-enhance-strategic-flexibility

DoorDash plans to offer and sell $2 billion of convertible senior notes to “enhance strategic flexibility.”
The local commerce platform intends to use some of the net proceeds from the offering to fund the cost of entering into convertible note hedge transactions, and the remainder for…

This story appeared on pymnts.com, 2025-05-27 21:01:45.
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