Joby Aviation (JOBY) announced its intention to offer, subject to market and other conditions, (i) convertible senior notes due 2032 and (ii) shares of its common stock. The aggregate proceeds from the offerings are anticipated to be $1B. Morgan Stanley, Allen & Company and BofA Securities are acting as joint book-running managers for the common stock offering. Morgan Stanley, BofA Securities, Allen & Company and Goldman Sachs & Co. are acting as joint book-running managers for the note offering.
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