Granite Construction Completes $273.7M Convertible Notes Conversion and Receives $148M from Capped Call Unwind
Granite Construction Incorporated announced the completion of the conversion of its $273.7 million 3.75% Convertible Senior Notes due 2028. The company issued 662,383 common shares and paid approximately $715 million in cash to settle these conversions. Additionally, Granite Construction received about $148 million from …