Keel Infrastructure Announces Proposed Offering of $350 Million Convertible Senior Notes

Summary

Keel Infrastructure Corp. announced on June 4, 2026, its intention to offer $350 million aggregate principal amount of convertible senior notes due 2032. The notes will be senior unsecured obligations of the company, with interest payable semi-annually starting January 15, 2027. The company intends to use the net proceeds from the offering to fund capped call transactions and for general corporate purposes, including data center development projects. The offering is subject to market conditions and regulatory approvals.