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Guardant Health Announces Proposed $500.0 Million Offering of Convertible Senior Notes Due 2032

Key Takeaway: Guardant Health announced a proposed offering of $500 million in convertible senior notes due 2032. This private offering targets qualified institutional buyers under Rule 144A of the Securities Act. The funds raised will support the company's operations and growth in precision oncology.

Market Sentiment Analysis

POSITIVE FACTORS

  • Guardant Health is raising $500 million in funding.
  • The offering is aimed at qualified institutional buyers.

Full Press Release Details

PALO ALTO, Calif.--(BUSINESS WIRE)---- $GH--Guardant Health, Inc. (“Guardant Health”) (Nasdaq: GH), a leading precision oncology company, today announced its intention to offer $500.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Guardant Health also intends to grant t

Frequently Asked Questions

What is the amount of the proposed offering?

The proposed offering is for $500 million.

Who can participate in the offering?

The offering is aimed at qualified institutional buyers.

When are the notes due?

The convertible senior notes are due in 2032.

What is the purpose of the offering?

The funds will support Guardant Health's operations and growth.

Last updated: Nov 11, 2026