05:36 PM EST, 03/05/2025 (MT Newswires) -- Axon Enterprise ( AXON ) said Wednesday it priced an upsized $1.75 billion private offering of senior notes.

The offering covers $1 billion principal amount of 6.125% of senior notes due 2030 and $750 million of 6.250% senior notes due 2033, according to the company.

Axon said it intends to use the proceeds for general corporate purposes, which may include repurchasing or redeeming 0.50% convertible notes due 2027, as well as acquisitions or investments in product lines, products, services, or technologies.

The company said it expects to close the offering on March 11.