05:40 PM EST, 02/13/2025 (MT Newswires) -- Gen Digital ( GEN ) said late Thursday it priced a $950 million private offering of 6.25% senior notes due 2033.

The company said it expects to close the offering on Thursday.

Net proceeds from the offering along with cash on hand will be used to repurchase outstanding 5% senior notes due 2025 and pay accrued and unpaid interest, according to the company.