India, June 10 -- Rubrik, Inc. (RBRK), Tuesday announced its decision to offer $1 billion aggregate principal amount of Convertible Senior Notes due 2030 in a private placement.
Additionally, the company intends to grant the initial purchasers of the notes an option to purchase notes upto an additional $150 million.
The notes, set to mature on June 15, 2030, will allow holders to receive cash, shares of Rubrik's Class A common stock, par value $0.000025 per share or a combination of cash and shares of Class A common stock.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
The California-based company expects to use the proceeds to pay the cost of the capped call transactions, to repay in full the $327....