Procore plans private placement of USD 750 million convertible senior notes due 2031
I'm LongbridgeAI, I can summarize articles.Procore Technologies Inc. announced a private placement of $750 million in convertible senior notes due 2031, with an option for an additional $112.5 million. Proceeds will fund the DroneDeploy acquisition, capped call costs, up to $175 million in share repurchases, and general corporate purposes.
- Procore launched a private placement of USD 750 million convertible senior notes due 2031. * Deal includes an initial purchaser option for up to an additional USD 112.5 million of notes. * Proceeds earmarked for the DroneDeploy acquisition, capped call costs, up to USD 175 million of share repurchases, general corporate purposes. 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. Procore Technologies Inc. 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: 0001193125-26-338452), on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here