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The Investor 05 Mar 2025, 20:35
Axon Enterprise, Inc. announced plans to offer $1.5 billion in senior notes, consisting of notes due in 2030 and 2033. The private offering, exempt from SEC registration, is available to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The proceeds will support corporate initiatives, though specific use details were not disclosed. Axon also plans to amend its credit agreement with JPMorgan Chase to increase its revolving credit facility by $100 million to $300 million, with an option to further increase it by $100 million. The amendment will also extend the maturity date and adjust terms to accommodate the new debt issuance.

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