Granite Construction calls USD 273.3 million 3.75% convertible notes due 2028 for redemption Aug. 10
I'm LongbridgeAI, I can summarize articles.Granite Construction has called $273.3 million of its 3.75% Convertible Senior Notes due 2028 for redemption on August 10, 2026. Noteholders may convert their holdings through August 6, 2026. Conversion settlements will be made in cash up to $2,617.40 per $1,000 principal, with the remainder paid in shares. Market disruption events previously extended the observation period to August 10, 2026. Settlement for converted notes is expected on August 12, 2026.
- Granite Construction called $273.3 million of its 3.75% Convertible Senior Notes due 2028 for redemption on Aug. 10, 2026. * Noteholders can convert through Aug. 6, 2026; conversions to be settled with cash up to $2,617.40 per $1,000 principal, remainder in shares. * Market disruption events on July 9-10 removed those days from the 50-day observation period, extending it to Aug. 10, 2026. * Settlement for notes converted in connection with the redemption is expected on Aug. 12, 2026. 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. Granite Construction Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000861459-26-000025), on July 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here