Rubrik (RBRK) announced its intent to offer, subject to market conditions and other factors, $1B aggregate principal amount of Convertible Senior Notes due 2030 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Rubrik also intends to grant the initial purchasers of the Notes an option to purchase, within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $150M aggregate principal amount of Notes.
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