Redemption

summary.Fastly Inc. priced a $160 million 0% convertible senior note offering (due 2030) under Rule 144A, extending the original $125 million target. The notes carry no interest, mature Dec 15 2030, and convert at 65.5136 shares per $1,000 (≈$15.26 per share), a 32.5% premium to the $11.52 market price. Proceeds (~$154 million) will fund capped‑call transactions and repurchase up to $150 million of its 2026 notes. Redemption is allowed after Dec 20 2028 if the share price exceeds 130% of the conversion price, and a “fundamental change” clause permits forced repurchase.