Akamai seeks $2.2 billion through convertible note sale

Published Monday, November 9, 2026 · 8:22 AM EST

Akamai Technologies has started selling two sets of convertible senior notes to raise $2.2 billion to help fund spending, Bloomberg reported, citing a company statement on Monday. The cloud computing and cybersecurity company is based in Cambridge, Massachusetts. The offering comprises $1.1 billion of notes due in 2028 and another $1.1 billion due in 2031. Akamai is seeking the financing through the sale.

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Bloomberg Technology

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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