Procore plans private placement of USD 750 million convertible senior notes due 2031

PUBT · 1d ago
Procore plans private placement of USD 750 million convertible senior notes due 2031
  • Procore launched a private placement of USD 750 million convertible senior notes due 2031.
  • Deal includes an initial purchaser option for up to an additional USD 112.5 million of notes.
  • Proceeds earmarked for the DroneDeploy acquisition, capped call costs, up to USD 175 million of share repurchases, general corporate purposes.


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