Chegg Repays $33.9 Million in Convertible Notes
Education company settles balance on matured convertible notes.
TLDR
Pulse 2.0 reports that Chegg repaid the remaining principal balance of $33.9 million on its 0% convertible senior notes. The business media outlet states the notes recently matured. It describes Chegg as a provider of educational resources and workforce-skilling solutions. The post claims the repayment leaves the company debt-free. All information originates from the account's announcement and its linked article. No other sources appear in the packet.
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