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to Sell $2 Billion Convertible Notes in Private Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2662670413","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662670413?lang=en_us&edition=fundamental","pubTime":"2026-08-27 19:44","pubTimestamp":1787831040,"startTime":"0","endTime":"0","summary":"Moderna plans to sell $2 billion of convertible senior notes due 2032 in a private placement.Moderna on Thursday said it will use proceeds from the sale for general purposes, which the Cambridge, Mass., vaccine maker said could include investing in its oncology business and debt repayment.Moderna and partner Merck last week said an experimental mRNA-based vaccine succeeded in preventing cancer from coming back or spreading in a study of high-risk melanoma patients.Shares of Moderna nearly tripled last Wednesday on the news, closing at a new three-year high of $174.38, but the stock has pulled back since then and was recently down 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The equity returns on our invested capital will be excellent.\"CEO Jensen Huang also defended the arrangements in a post-earnings interview with CNBC:\"There are several companies, these frontier AI labs, that are once-in-a-generation companies, and we want to be investors in them. We want to support them. We want to be a partner to them,\" he said. \"We would love for them to build their ecosystem on top of us, of course, and then scale up their business along with us. 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