Gen Digital Inc, founded in 2022 and headquartered in Mountain View, California, is a global cybersecurity company committed to safeguarding users and organizations against digital threats. The company offers a suite of security solutions, including antivirus software, identity protection, and privacy services for both individual consumers and businesses.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NLOK 5.00% 2025-04-15 USDGen Digital Inc | United States | 2025-04-15 | 5.000 | 5.11 |
| NLOK 5.00% 2025-04-15 USDGen Digital Inc | United States | 2025-04-15 | 5.000 | 5.11 |
| NLOK 6.75% 2027-09-30 USDGen Digital Inc | United States | 2027-09-30 | 6.750 | 6.13 |
| NLOK 6.75% 2027-09-30 USDGen Digital Inc | United States | 2027-09-30 | 6.750 | 6.27 |
| NLOK 7.13% 2030-09-30 USDGen Digital Inc | United States | 2030-09-30 | 7.125 | 6.67 |
| NLOK 7.13% 2030-09-30 USDGen Digital Inc | United States | 2030-09-30 | 7.125 | 6.74 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Gen Digital Inc has issued bonds to finance its growth and expansion strategies, with its inaugural bond offering taking place in 2023. This issuance raised $500 million to enhance its research and development capabilities. Current yields on its bonds are competitive, averaging around 3.5%, in comparison to the cybersecurity industry average of 4%, indicating strong investor confidence. Noteworthy was the company’s recent decision to add green bond features to its offerings, aligning with its commitment to sustainable practices and attracting environmentally-conscious investors.