Elastic N.V. issues $575M of 4.125% senior notes due 2029

Elastic N.V.

Issued $575M aggregate principal of 4.125% senior notes due July 15, 2029.
Net proceeds of approximately $565M after underwriting discount and expenses.
Use of proceeds: general corporate purposes, including capital expenditures and potential acquisitions.
Interest payable semi-annually on Jan 15 and Jul 15, starting Jan 15, 2022.
Notes are senior unsecured; initially no subsidiary guarantees; subject to customary covenants.

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