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MindBody raises $270 million selling convertible notes

By   /   Friday, June 15th, 2018  /   Comments Off on MindBody raises $270 million selling convertible notes

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San Luis Obispo wellness software firm MindBody seized on a hefty appetite among investors for tech industry convertible debt to raise $270 million on June 12. While most of the proceeds are slated for general corporate expenses, the deal closed with an extended window for purchasers to buy another $40.5 million of the notes, and…

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