Israeli Cyber Giant Check Point Raises Up To USD2 Billion
Categories: Capital Markets, Hi-Tech
Check Point Software Technologies Ltd., an Israeli-founded and Nasdaq-listed cybersecurity company that develops enterprise network, cloud, and endpoint security solutions, has priced a USD 1.75 billion private offering of 0.00% Convertible Senior Notes due 2030.
The offering increased from the originally announced USD 1.5 billion and includes an option for the initial purchasers to acquire up to an additional USD 250 million, bringing the potential total size of the offering to USD 2 billion. This is the largest convertible deal by an Israeli company in 2025.
Latham & Watkins advised the initial purchasers with Meitar as Israeli counsel.
Naschitz Brandes Amir and Wilson Sonsini Goodrich & Rosati acted for issuer, Check Point.
