Axon issues $1.15B 0% convertible notes; adds capped calls
Axon Enterprise completed a $1.15 billion issuance of 0% Convertible Senior Notes due 2031 under a new indenture, supported by a underwriting agreement including a fully exercised $150 million over-allotment. The company also purchased capped calls for about $114.9 million and amended its credit pact.