FLEX LTD. [FLEX] - Convertible Preferred Stock Issuance
FLEX LTD. is issuing $2 billion in Convertible Preferred Stock at a purchase price of $10,000 per share, with a redemption price of 115% if paid in cash or 125% if paid in shares, contingent on the completion of a Spin-Off by December 31, 2027.
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