Tenable raises $800 million via 0.25% convertible notes
Tenable completed a private offering of $800 million 0.25% convertible senior notes due 2031, issued capped call transactions to mitigate dilution, and repaid and terminated its 2021 credit agreement.
Tenable completed a private offering of $800 million of 0.25% convertible senior notes due 2031. The company also entered into related capped call transactions to reduce dilution and repaid and terminated its 2021 Credit Agreement. The notes are initially convertible at about $44.84 per share.