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Proficient Auto Logistics prices USD 75 million convertible bond offering

PUBT·08/12/2026 00:27:04
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Proficient Auto Logistics prices USD 75 million convertible bond offering
  • Proficient Auto Logistics priced a USD 75 million private offering of convertible senior notes due 2033.
  • Notes carry a 5.5% coupon; settlement expected Aug. 13.
  • Initial conversion price about USD 6.5 per share; capped call cap price initially USD 8.93.
  • Net proceeds estimated at about USD 71.4 million; earmarked for refinancing debt, capped call premiums.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Proficient Auto Logistics Inc. published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.