TAMPA, Fla., May 18, 2022 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), today announced its intention to offer, subject to market and other conditions, $150 million aggregate principal amount of convertible senior notes due 2042 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
HCI Group Announces Proposed $150 Million Offering of Convertible Senior Notes Due 2042
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