Bloomberg:

Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock  —  Check Point Software Technologies Ltd. is raising $1.5 billion from the sale of a five-year zero-coupon convertible bond, partly to help fund share buybacks.

Bloomberg:

Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock  —  Check Point Software Technologies Ltd. is raising $1.5 billion from the sale of a five-year zero-coupon convertible bond, partly to help fund share buybacks.

Source: TechMeme
Source Link: http://www.techmeme.com/251202/p57#a251202p57