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DocuSign to repurchase $460 million 0.5% convertibles due 2023
By Taylor Fox
New York, Jan. 13 – DocuSign Inc. plans to repurchase $460 million of its 0.5% convertible senior notes due 2023, according to a news release.
The repurchase will be funded using $260 million of proceeds from the company’s $600 million convertible senior notes offering and 4.7 million shares of DocuSign common stock.
DocuSign is a San Francisco-based electronic signature technology and digital transaction management services company.
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