Brief: Pagerduty Announces Proposed Private Placement Of $350 Million Of Convertible Senior Notes

PagerDuty

09/10/2023 21:16

Oct 9 (Reuters) - PagerDuty Inc  PD.N :
    * PAGERDUTY ANNOUNCES PROPOSED PRIVATE PLACEMENT OF $350
MILLION
OF CONVERTIBLE SENIOR NOTES
    * PAGERDUTY INC - INTENDS TO OFFER, SUBJECT TO MARKET
CONDITIONS
AND OTHER FACTORS, $350 MILLION PRINCIPAL AMOUNT OF CONVERTIBLE
SENIOR NOTES DUE 2028
    * PAGERDUTY INC - ALSO INTENDS TO GRANT INITIAL PURCHASERS
OF
NOTES AN OPTION TO PURCHASE UP TO AN ADDITIONAL $52.5 MILLION
PRINCIPAL AMOUNT OF NOTES

Source text for Eikon:  ID:nBw5jhzQYa 
Further company coverage:  PD.N 

 ((Reuters.Briefs@thomsonreuters.com;))