• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Gen Announces Pricing of $950,000,000 of Senior Notes

    2/13/25 5:31:00 PM ET
    $GEN
    Computer Software: Prepackaged Software
    Technology
    Get the next $GEN alert in real time by email

    TEMPE, Ariz. and PRAGUE, Feb. 13, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ:GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, announced today that it has priced $950 million aggregate principal amount of its 6.25% senior notes due 2033 (the "Notes"), which were offered in a private offering (the "Notes Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

    (PRNewsfoto/Gen Digital Inc.)

    The offering of the Notes is expected to close on February 13, 2025, subject to customary closing conditions. We intend to use the net proceeds of this Notes Offering, together with cash on hand, to repurchase all of our outstanding 5.00% Senior Notes due 2025 (the "2025 Notes") and pay accrued and unpaid interest thereon.

    The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. This press release also shall not constitute an offer to purchase, a solicitation of an offer to sell, or notice of redemption with respect to the 2025 Notes. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

    About Gen

    Gen™ (NASDAQ:GEN) is a global company dedicated to powering Digital Freedom through its trusted Cyber Safety brands, Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner. The Gen family of consumer brands is rooted in providing safety for the first digital generations. Now, Gen empowers people to live their digital lives safely, privately, and confidently today and for generations to come. Gen brings award-winning products and services in cybersecurity, online privacy and identity protection to nearly 500 million users in more than 150 countries. Learn more at GenDigital.com. 

    Cautionary Statement Concerning Forward-Looking Statements

    This press release contains forward-looking statements, which are subject to safe harbors under the Exchange Act of 1934, as amended. Forward-looking statements include statements that represent our expectations or beliefs concerning future events, including, without limitation, references to our ability to utilize our deferred tax assets, as well as statements including words such as "expects," "plans," "anticipates," "believes," "estimates," "predicts," "goal," "intent," "momentum," "projects," "forecast," "outlook," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," and similar expressions. In addition, projections of our future financial performance, anticipated growth and trends in our businesses and in our industries, the consummation of or anticipated impacts of acquisitions, divestitures, restructurings, stock repurchases, financings, debt repayments and investment activities, the outcome or impact of pending litigation, claims or disputes, our intent to pay quarterly cash dividends in the future, plans for and anticipated benefits of our products and solutions, anticipated tax rates, benefits and expenses, the impact of inflation, fluctuations in foreign currency exchange rates, changes in interest rates, ongoing and new geopolitical conflicts, and other global macroeconomic factors on our operations and financial performance, the expected impact of our new strategy and other characterizations of future events or circumstances are forward-looking statements. These statements are only predictions, based on our current expectations about future events and may not prove to be accurate. We do not undertake any obligation to update these forward-looking statements to reflect events occurring or circumstances arising after the date of this press release.

    Investor Relations & Media Contact

    Jason Starr

    Gen

    [email protected]

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gen-announces-pricing-of-950-000-000-of-senior-notes-302376593.html

    SOURCE Gen Digital Inc.

    Get the next $GEN alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $GEN

    DatePrice TargetRatingAnalyst
    3/18/2025Equal-Weight
    Morgan Stanley
    12/4/2024$36.00Buy
    UBS
    10/24/2024$35.00Overweight
    Wells Fargo
    6/7/2024$28.00 → $27.00Overweight → Equal-Weight
    Morgan Stanley
    4/11/2024$28.00 → $25.00Overweight → Equal Weight
    Barclays
    11/21/2023$23.00 → $26.00Equal-Weight → Overweight
    Morgan Stanley
    11/16/2023$25.00Buy
    BofA Securities
    5/19/2023$27.00Outperform
    Evercore ISI
    More analyst ratings

    $GEN
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • CEO & President Pilette Vincent exercised 478,568 shares at a strike of $25.93 and covered exercise/tax liability with 244,119 shares, increasing direct ownership by 15% to 1,844,633 units (SEC Form 4)

      4 - Gen Digital Inc. (0000849399) (Issuer)

      5/6/25 5:16:10 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • CLO & Head Corp Aff Ko Bryan Seuk exercised 127,841 shares at a strike of $25.93 and covered exercise/tax liability with 67,309 shares, increasing direct ownership by 13% to 538,840 units (SEC Form 4)

      4 - Gen Digital Inc. (0000849399) (Issuer)

      5/6/25 5:15:45 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • CFO Derse Natalie Marie exercised 138,491 shares at a strike of $25.93 and covered exercise/tax liability with 72,917 shares, increasing direct ownership by 22% to 363,940 units (SEC Form 4)

      4 - Gen Digital Inc. (0000849399) (Issuer)

      5/6/25 5:15:20 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology

    $GEN
    Leadership Updates

    Live Leadership Updates

    See more
    • Genesis HealthCare Announces Leadership Change

      George V. Hager, Jr. Retires as CEO and DirectorBoard of Directors Appoints Current Chairman, Robert H. Fish as New CEO KENNETT SQUARE, Pa., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Genesis Healthcare, Inc. (Genesis, or the Company) (NYSE:GEN), one of the largest post-acute care providers in the United States, announced today that George V. Hager, Jr. has decided to retire as the Company’s Chief Executive Officer (CEO) and Director. Genesis’ Board of Directors has appointed the Company’s current Chairman of the Board, Robert (“Bob”) H. Fish as CEO, effective today, January 5, 2021. Bob will remain Chairman of the Board. Mr. Fish, a member of the Genesis Board of Directors since 2013 and Cha

      1/5/21 8:30:00 AM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology

    $GEN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Morgan Stanley resumed coverage on Gen Digital

      Morgan Stanley resumed coverage of Gen Digital with a rating of Equal-Weight

      3/18/25 8:39:33 AM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • UBS initiated coverage on Gen Digital with a new price target

      UBS initiated coverage of Gen Digital with a rating of Buy and set a new price target of $36.00

      12/4/24 7:38:07 AM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • Wells Fargo initiated coverage on Gen Digital with a new price target

      Wells Fargo initiated coverage of Gen Digital with a rating of Overweight and set a new price target of $35.00

      10/24/24 6:32:41 AM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology

    $GEN
    SEC Filings

    See more
    • Gen Digital Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Gen Digital Inc. (0000849399) (Filer)

      5/6/25 4:05:44 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • SEC Form S-8 POS filed by Gen Digital Inc.

      S-8 POS - Gen Digital Inc. (0000849399) (Filer)

      5/2/25 4:05:59 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • Gen Digital Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

      8-K - Gen Digital Inc. (0000849399) (Filer)

      4/17/25 8:54:33 AM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology

    $GEN
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Gen Delivers Record Q4 and Full Year Fiscal 2025 Results

      Gen raises the bar with accelerated revenue growth in FY26  TEMPE, Ariz. and PRAGUE, May 6, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ:GEN), a global leader dedicated to powering Digital Freedom, released its results for its fiscal year 2025 fourth quarter and full year, which ended March 28, 2025.  "Our record results and accelerated growth are driven by our mission to meet the ever-evolving needs of today's digital consumers," said Vincent Pilette, CEO of Gen. "Now with the successful acquisition of MoneyLion, we've taken the next step forward in building the most compreh

      5/6/25 4:05:00 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • Edison Partners Announces Exit from MoneyLion Following Acquisition by Gen

      Third Major Exit Since Start of 2025 Leading growth equity firm Edison Partners today announced its exit from MoneyLion (NYSE:ML), following the company's acquisition by Gen Digital Inc. ("Gen") (NASDAQ:GEN), finalized on April 10. Edison Partners was MoneyLion's first institutional investor in 2016, supporting its multi-stage enterprise growth into a global fintech leader of next generation, personalized financial products. Edison has helped MoneyLion transform into a top consumer finance super app with 20 million users, and a premier content, embedded finance, and business-to-consumer financial marketplace platform. "In our persistent drive to identify profitable growth opportunities,

      4/29/25 8:00:00 AM ET
      $GEN
      $ML
      Computer Software: Prepackaged Software
      Technology
      Finance: Consumer Services
      Finance
    • Gen Completes Acquisition of MoneyLion, Accelerating the Company's Leadership in Financial Wellness

      TEMPE, Ariz. and PRAGUE, April 17, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ:GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, today announced the successful closing of its acquisition of MoneyLion Inc. This strategic milestone strengthens Gen's leadership in financial wellness, empowering consumers to confidently manage and protect their digital and financial lives. "We're thrilled to welcome MoneyLion to the Gen family. The addition of MoneyLion accelerates our position to redefine financial empowerment in a digital-first world," said Vincent Pilette, CEO of Gen. "People need intuitive, holistic solutions th

      4/17/25 9:00:00 AM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology

    $GEN
    Financials

    Live finance-specific insights

    See more
    • Gen Delivers Record Q4 and Full Year Fiscal 2025 Results

      Gen raises the bar with accelerated revenue growth in FY26  TEMPE, Ariz. and PRAGUE, May 6, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ:GEN), a global leader dedicated to powering Digital Freedom, released its results for its fiscal year 2025 fourth quarter and full year, which ended March 28, 2025.  "Our record results and accelerated growth are driven by our mission to meet the ever-evolving needs of today's digital consumers," said Vincent Pilette, CEO of Gen. "Now with the successful acquisition of MoneyLion, we've taken the next step forward in building the most compreh

      5/6/25 4:05:00 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • Gen Completes Acquisition of MoneyLion, Accelerating the Company's Leadership in Financial Wellness

      TEMPE, Ariz. and PRAGUE, April 17, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ:GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, today announced the successful closing of its acquisition of MoneyLion Inc. This strategic milestone strengthens Gen's leadership in financial wellness, empowering consumers to confidently manage and protect their digital and financial lives. "We're thrilled to welcome MoneyLion to the Gen family. The addition of MoneyLion accelerates our position to redefine financial empowerment in a digital-first world," said Vincent Pilette, CEO of Gen. "People need intuitive, holistic solutions th

      4/17/25 9:00:00 AM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology
    • Gen to Announce Fiscal 2025 Fourth Quarter and Full-Year Results on May 6, 2025

      TEMPE, Ariz. and PRAGUE, April 8, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ:GEN) today announced that its fiscal year 2025 fourth quarter and full-year financial results will be released Tuesday, May 6, 2025, after market close. Following the press release, Gen management will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET. Fiscal 2025 Q4 and Full-Year Earnings CallMay 6, 20252 p.m. PT / 5 p.m. ETConference call dial-in and live webcast link available on Investor.GenDigital.com  About GenGen™ (NASDAQ: GEN) is a global company dedicated to powering Digital Free

      4/8/25 4:05:00 PM ET
      $GEN
      Computer Software: Prepackaged Software
      Technology