Prices $1B of Zero-Coupon Notes. What is the Real Cost?
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Prices $1B of Zero-Coupon Notes. What is the Real Cost?
Axon Enterprise, Inc. (NASDAQ:AXON) announced on September 16 that it priced $1 billion of 0% convertible senior notes due September 15, 2031. Underwriters received an option to purchase another $150 million to cover over-allotments. Settlement is expected September 18, subject to customary…
Axon Enterprise (AXON) Prices $1B of Zero-Coupon Notes. What is the Real Cost?
Axon Enterprise, Inc. (NASDAQ:AXON) announced on September 16 that it priced $1 billion of 0% convertible senior notes due September 15, 2031. Underwriters received an option to purchase another $150 million to cover over-allotments. Settlement is expected September 18, subject to customary closing conditions. Axon Enterprise, Inc. (NASDAQ:AXON) expects approximately $986 million after underwriting discounts […]
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