Financing ·
On August 20, 2026, Dynatrace LLC issued $1.4375 billion in aggregate principal amount of 0.00% Exchangeable Senior…
DTDynatrace, Inc.
On August 20, 2026, Dynatrace LLC issued $1.4375 billion in aggregate principal amount of 0.00% Exchangeable Senior Notes due September 1, 2031, fully guaranteed by parent Dynatrace, Inc. The offering included the full exercise of a $187.5 million over-allotment option. Net proceeds were approximately $1.411 billion. The company used roughly $167.8 million to pay for exchangeable note hedge transactions and $134.7 million to repurchase 2.83 million shares of common stock at $47.61 per share from certain purchasers in privately negotiated transactions. Concurrently, Dynatrace terminated its senior secured revolving credit facility dated December 2, 2022. The notes are exchangeable into common stock at an initial rate of 15.5585 shares per $1,000 principal amount. Dynatrace operates in the technology industry as a provider of AI-powered observability platforms.