Business Wire

Stem, Inc. Announces Proposed $175 Million Green Convertible Senior Notes Offering

SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. ("Stem") (NYSE: STEM) announced today its intention to offer, subject to market conditions and other factors, $175 million aggregate principal amount of ...
Morningstar

Stem's Convertible Note Offering Bolsters Liquidity, but We Remain on the Sidelines

Stem was an early entrant to the energy storage space; it was founded in 2009 and commenced commercial operations in 2013. For much of its history, Stem was focused on providing energy storage systems ...
Morningstar

Stem Announces Convertible Note Offering; Lowering Fair Value Estimate to $6

We reduce our fair value estimate for no-moat Stem to $6 per share from $8 following the company's March 30 convertible debt offering. Our decreased fair value is a result of a lower long-term margin ...
Seeking Alpha

Stem proposes $175M green convertible senior notes offering

Stem (NYSE:STEM) plans to sell $175M aggregate principal amount of green Convertible Senior Notes due 2030 to institutional buyers in a private offering. The notes will accrue interest payable ...