SentinelOne Prices $1.25B of 0% Convertible Notes Due 2031
SentinelOne priced $1.25B of 0.00% convertible senior notes due 2031 at an initial conversion price of about $31.21, a 30% premium. Net proceeds of about $1.224B are expected; planned uses include about $131.6M for capped calls and $150M for share repurchases.