A10 Networks (ATEN) said late Wednesday it plans to launch a private offering to eligible purchasers of $200 million of convertible senior notes due 2030.
The company intends to grant the initial purchasers a 13-day option to purchase up to $25 million additional amount of notes.
Net proceeds will be used for share repurchases, potential acquisitions or investments, working capital and general corporate purposes, the company said.
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