DocuSign announced that it has closed its offering of 0% convertible senior notes due 2024 for gross proceeds of $690.0 million. The notes mature on January 15, 2024, unless repurchased or converted in accordance with their terms prior to such date. The initial conversion price represents a premium of approximately 60% to the $262.65 per share closing price of DocUSign common stock on The Nasdaq Global Select Market on January 12, 2021. The notes were sold only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Source: https://www.helpnetsecurity.com/2021/01/19/docusign-closes-offering/