SentinelOne prices $1.25 billion zero-coupon convertible senior notes offering due 2031
Bitget2026/10/14 04:08- SentinelOne priced an offering of USD 1.25 billion of 0.00% Convertible Senior Notes due 2031 in a Rule 144A private placement.
- Initial purchasers hold an option to buy an additional USD 187.5 million of notes, lifting potential gross proceeds to USD 1.44 billion.
- Settlement is expected on Oct. 16, 2026.
- Net proceeds estimated at about USD 1.22 billion, or about USD 1.41 billion if the option is fully exercised.
- Proceeds earmarked for capped call costs, a USD 150 million concurrent share repurchase, general corporate purposes, and potential acquisitions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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