Check Point Software Technologies Ltd. plans to offer $1.5 billion in Convertible Senior Notes due 2030, with an option for an additional $225 million. The Notes will mature on December 15, 2030. The company will use the net proceeds for capped call transactions, share repurchase program, and general corporate purposes. If additional Notes are purchased, funds will be used for further capped call transactions and corporate objectives. This move will support the company’s financial and operational goals.

Read more at Nasdaq: Check Point Software Technologies To Offer $1.5 Bln Of 0.00% Convertible Senior Notes Due 2030