Axon prices USD 1 billion zero-coupon convertible senior notes offering due 2031 - AXON News | RalliesAxon prices USD 1 billion zero-coupon convertible senior notes offering due 2031
A
AXON• Axon prices $1 billion zero-coupon convertible senior notes due 2031
- Axon priced a USD 1 billion offering of 0% convertible senior notes due 2031.
- Deal expected to settle Sept. 18; net proceeds seen at about USD 986 million.
- Underwriters hold an option for up to an additional USD 150 million of notes within 11 days of issuance.
- About USD 99.9 million of proceeds earmarked for capped call transactions; balance for general corporate purposes.
•
