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CrowdStrike announces $750 million bond offering

CrowdStrike Holdings Inc. CRWD, +1.02% announced Monday morning that it plans to offer $750 million worth of unsecured senior notes. The company plans to use the proceeds from the offering for general corporate purposes, which may include areas like acquisitions, capital expenditures, and working capital. The notes will be due in 2029. CrowdStrike shares are up 1.4% in premarket trading Monday. They’ve gained 56% over the past three months as the S&P 500 SPX, +0.55% has risen 10%.

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