CyberArk Closes USD 1.1 Billion Notes Deal

Categories: Capital Markets

CyberArk Software Ltd., a U.S.-listed Israeli cybersecurity company specializing in identity security solutions, has completed a USD 1.1 billion upsized private offering of convertible senior notes due 2029.

The transaction closed in June and CyberArk intends to use the proceeds for share repurchases and general corporate purposes.

Latham & Watkins advised CyberArk on the offering and Goodwin advised the initial purchasers in the offering.

Latham & Watkins

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CyberArk Closes USD 1.1 Billion Notes Deal

CyberArk Closes USD 1.1 Billion Notes Deal