Rubrik (RBRK) Announces Proposed $1.5B Convertible Senior Notes Offering
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Rubrik, Inc. Announces Proposed Convertible Senior Notes Offering
June 10, 2025 7:00 AM EDTStrategic capital raise with proceeds used to enhance strategic flexibility, including debt refinancing A portion of the proceeds to be used to pay for capped call transactions to help offset share dilution upon any conversion of the notes
PALO ALTO, Calif.--(BUSINESS WIRE)-- Rubrik, Inc. (Rubrik) (NYSE: RBRK), today announced its intent to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of Convertible Senior Notes due 2030 (the Notes) in a private placement (the Offering) to persons reasonably believed to be qualified... More
