As bond sale

Zscaler announced it is selling $1 million in bonds! That at maturity in 2025 will pay $150/share — a 37% premium over today’s price. The money is to be used for corporate purposes:…

While the bond’s rate of return is nothing that would get us excited, it will show, if the bonds are fully subscribed, the confidence the market has in the company.

Long ZS

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