Deal Details
Cloudflare Completes $575 Million Convertible Notes Offering
Summary
Cloudflare, Inc. (“Cloudflare” or the “Company”) (NYSE: NET) recently completed an offering pursuant to Rule 144A of $575 million aggregate principal amount of 0.75% Convertible Senior Notes due 2025, including the full exercise of the underwriters’ option to purchase an additional $75 million of the notes.
Baird served as co-manager on this offering.
About
Cloudflare is on a mission to help build a better Internet. Cloudflare’s platform protects and accelerates any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare is headquartered in San Francisco, California.CONTACT US TO LEARN MORE
- Date
- May 2020
- Company
- Cloudflare, Inc.
- Transaction
-
Equity Capital Markets
Capital Solutions - Sectors
- Technology & Services
- Verticals
-
Software
- Target Geography
- North America
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