Bandwidth Inc. repurchased approximately $20.8 million in aggregate principal amount of its 0.50% Convertible Senior Notes due 2028 through open-market transactions at a discount to par value. Following this settlement, only about $6.7 million of the original $250 million issued principal balance remains outstanding. Existing capped call transactions related to these notes will remain in effect. Bandwidth Inc. operates in the communications technology industry, providing cloud-based voice, video, and IoT connectivity solutions.
