March 28 (Reuters) - Chegg Inc:
* CHEGG TO OFFER $250.0 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2023
* CHEGG INC - PROPOSES TO OFFER $250.0 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2023​
* CHEGG INC - EXPECTS TO USE PROCEEDS FROM OFFERING OF NOTES TO PAY COST OF CAPPED CALL TRANSACTIONS TO MANAGE POTENTIAL DILUTION
* CHEGG INC - ALSO EXPECTS TO USE UP TO ABOUT $20 MILLION OF PROCEEDS FROM OFFERING TO REPURCHASE SHARES OF COMMON STOCK CONCURRENTLY Source text for Eikon: Further company coverage: