A10 Networks (ATEN) said late Wednesday it plans to launch a private offering to eligible purchasers of $200 million of convertible senior notes due 2030.

The company intends to grant the initial purchasers a 13-day option to purchase up to $25 million additional amount of notes.

Net proceeds will be used for share repurchases, potential acquisitions or investments, working capital and general corporate purposes, the company said.