product · May 20, 2026
Akamai Seeks to Raise $2.6 Billion in Convertible Bond Offering for Cloud Infrastructure
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Akamai Technologies Inc. announced plans to raise $2.6 billion through zero-coupon convertible senior notes on May 18, 2026, with $1.3 billion due in 2030 and $1.3 billion due in 2032. The offering targets qualified institutional buyers and will price on May 19, 2026. Proceeds will fund spending on cloud computing infrastructure to build out Akamai’s global footprint. Akamai Technologies Inc. intends the notes as senior unsecured obligations without regular interest payments. Akamai Technologies Inc. disclosed the offering via Bloomberg on May 18, 2026.
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