BlackLine, Inc. Announces Proposed Private Offering of $500,000,000 of Convertible Senior Notes

The notes will be senior unsecured obligations of BlackLine and will accrue interest payable semiannually in arrears. The notes will mature on June 1, 2029, unless earlier converted, repurchased or redeemed. The notes will be convertible into cash, shares of BlackLine's common stock ("common stock") or a combination of cash and shares of BlackLine's common stock, at BlackLine's election. The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the ...