Tyler Technologies (TYL) closed an upsized offering of $1.44 billion of 0.50% convertible senior notes due 2031, the company said late Thursday.

The offering included $187.5 million following the full exercise of the overallotment option, the company said.

Tyler used roughly $187.2 million of the net proceeds to finance the cost of the capped call transactions, another $320.7 million was used to repurchase over 1 million shares of its common stock, and the remaining proceeds will be used for general corporate purposes, it added.