Axon prices USD 1 billion 0% convertible senior notes offering due 2031 - AXON News | RalliesAxon prices USD 1 billion 0% convertible senior notes offering due 2031
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AXON• Axon prices USD 1 billion convertible senior notes
- Axon priced a USD 1 billion offering of 0% convertible senior notes due 2031.
- Settlement is expected Sept. 18, 2026, with net proceeds of about USD 986 million.
- Underwriters have an option to buy up to an additional USD 150 million of notes, which would lift net proceeds to about USD 1.13 billion.
- About USD 99.9 million of the net proceeds are earmarked for capped call transactions, with the remainder intended for general corporate purposes.
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