SentinelOne Proposes $1.25 Billion Private Placement of 0.00% Convertible Notes
SentinelOne intends to offer $1.25 billion aggregate principal amount of 0.00% convertible senior notes due 2031 in a private placement, subject to market conditions and other factors.
Story updates
10:55:35 AM UTC
SquawkNews
SentinelOne intends to offer $1.25B of 0.00% convertible senior notes due 2031, with an option for $187.5M more, and plans capped calls and up to $150M concurrent share repurchases.Material DetailsContext by AI AnalystThis is a capital raise and balance-sheet action, consistent with growth companie…
SentinelOne, Inc. 00% Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) to persons reasonably believ…