SentinelOne Raises $1.25 Billion in 0% Convertible Notes
SentinelOne completed a private offering of $1.25 billion in 0.00% convertible senior notes due 2031, with about $1.408 billion in net proceeds. The notes have an initial conversion price of approximately $31.21 per share, a 30% premium.
SentinelOne completed a private offering of $1.25 billion of 0.00% Convertible Senior Notes due 2031, delivering net proceeds of about $1.408 billion. The notes, convertible at an initial price of approximately $31.21 per share (a 30% premium), mature on Oct 1, 2031 and may be settled in cash, stoc…