PANews reported on June 13 that according to Businesswire, video game retailer GameStop (NYSE: GME) announced that it has determined the price of its additional $2.25 billion principal amount of 0.00% convertible senior notes due in 2032 in a private placement, and the issuance scale is higher than the previously announced $1.75 billion. The company also granted the initial purchaser an option to purchase an additional principal amount of up to $450 million of notes within 13 days of the first issuance date of the notes. After deducting related expenses, GameStop expects the net proceeds from this issuance to be approximately $2.23 billion. If the initial purchaser exercises the option, the net proceeds will be approximately $2.68 billion, and the funds will be used for general corporate purposes, including investment and potential acquisitions.