Check Point Software Technologies Ltd. has announced a proposed private offering of $1.5 billion in aggregate principal amount of 0.00% Convertible Senior Notes due 2030. The notes will be offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and will not be registered under U.S. securities laws. Proceeds from the offering are intended to fund capped call transactions, repurchase up to $225 million of Check Point's ordinary shares, and support general corporate purposes such as additional share repurchases, potential mergers and acquisitions, business development, and new product and technology development.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Check Point Software Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-003986), on December 02, 2025, and is solely responsible for the information contained therein.
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