Zscaler stock dips after proposing $1.5B convertible debt offering

1 week ago 1
Zscaler headquarters in Silicon Valley

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Zscaler (NASDAQ:ZS) has proposed a private offering of $1.5B aggregate principal amount of its convertible senior notes due 2028.

The notes will mature on July 15, 2028, unless earlier converted or repurchased and will be convertible under certain circumstances into cash, shares of

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