Shares of Parsons Corporation (PSN), a technology-focused defense, intelligence, security, and infrastructure engineering firm, are down more than 8% Monday morning at $33.16. The stock has traded in the range of $24.67- $45.40 in the last one year.

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RTTNews | Aug 17, 2020 10:57AM EDT

10:57 Monday, August 17, 2020 (RTTNews.com) - Shares of Parsons Corporation (PSN), a technology-focused defense, intelligence, security, and infrastructure engineering firm, are down more than 8% Monday morning at $33.16. The stock has traded in the range of $24.67- $45.40 in the last one year.

The company today announced a $300 million convertible senior notes offering due 2025.

The notes will accrue interest payable semi-annually in arrears on February 15 and August 15 of each year, beginning on February 15, 2021.

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