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Axon Enterprise Prices $1 Bln 0% Convertible Notes Offering, Due 2031

Source: Nasdaq

Credit & Bond MarketsCompany FundamentalsTechnology & Innovation

Axon Enterprise priced $1.0 billion of 0% convertible senior notes due 2031. The financing provides long-dated, zero-coupon capital but introduces potential future equity dilution upon conversion.

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