Nebius Group Announces $1 Billion Public Offering of Class A Shares

Nebius Group N.V., a prominent AI infrastructure company, has unveiled plans for a $1 billion public offering of its Class A ordinary shares. The company may also offer an additional $150 million through underwriters. This initiative is led by Goldman Sachs, with Morgan Stanley, BofA Securities, and Citigroup as collaborating managers. The completion of this offering depends on prevailing market conditions.

As part of concurrent financial strategies, Nebius Group is also offering $2 billion in convertible senior notes due in 2030 and 2032 to select institutional buyers. The proceeds from these financial activities are intended to support the company's growth, focusing on expanding data centers, acquiring hardware, and other corporate purposes.