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Proofpoint prices USD175m of senior notes due 2018

Proofpoint (NASDAQ: PFPT) said it has priced USD175m aggregate principal amount of 1.25% convertible senior notes due 2018.

The size of the offering of the notes was increased from the previously announced aggregate principal amount of USD150m.

The notes will be sold to qualified institutional buyers, with the initial purchasers granted an option to purchase up to an additional USD26.25m aggregate principal amount of notes. The sale is expected to close on December 11, 2013.

Proofpoint, Inc. provides threat protection, regulatory compliance, archiving and governance, and secure communication solutions worldwide. The company was founded in 2002 and is headquartered in Sunnyvale, California. Its website is at


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