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

Business Wire•11/11/2026•16:17 ET
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Key Highlights

  • ➤Guardant Health (GH) proposes $500.0 million convertible senior notes due 2032
  • ➤Initial purchasers may buy an additional $50.0 million of notes
  • ➤Proceeds may repurchase 0% convertible senior notes due 2027
  • ➤Proceeds will fund capped call transactions intended to reduce conversion dilution
  • ➤Interest rate and initial conversion rate will be set at pricing

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

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 the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $50.0 million aggregate principal amount of notes. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

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