debt
confidence high
sentiment neutral
materiality 0.60
Elastic upsizes senior notes offering to $575M at 4.125% due 2029
Elastic N.V.
- Initial $500M offering announced June 28; upsized to $575M on June 30.
- Notes carry 4.125% coupon, due 2029; expected close July 6.
- Net proceeds for general corporate purposes, including M&A and working capital.
- Offering exempt from registration, sold to QIBs and non-US persons under Rule 144A/Reg S.
- Principal increased by $75M from original $500M target.