Check Point Software Prices $1.75 Billion Convertible Senior Notes Offering

Reuters
2025.12.04 05:41
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Check Point Software Technologies Ltd. has announced an upsized private offering of $1.75 billion in 0.00% Convertible Senior Notes due 2030, increased from $1.5 billion. The offering is for qualified institutional buyers, with an option for an additional $250 million. The notes are senior unsecured obligations, maturing on December 15, 2030. Proceeds will be used for capped call transactions, share repurchases, and general corporate purposes, including potential mergers and acquisitions.