The convertible notes are due 2029

Davis Polk advised the sole placement agent in connection with a section 4(a)(2) private placement by Alignment Healthcare, Inc. of $330 million aggregate principal amount of its 4.25% convertible senior notes due 2029.

Alignment Healthcare, Inc. is a next-generation, consumer-centric healthcare platform that is purpose-built to provide seniors with high-quality, affordable care with a vastly improved consumer experience. Enabled by innovative technology and a customized care delivery model, the company focuses on improving outcomes in the Medicare Advantage sector. The company’s operations primarily consist of Medicare Advantage plans in the states of California, North Carolina, Nevada, Arizona, Florida and Texas.

The Davis Polk capital markets team included partners Pedro J. Bermeo and Roshni Banker Cariello and associate Rachel Jang. The equity derivatives team included partner Derek Walters and counsel Justin Michael. All members of the Davis Polk team are based in the New York office.

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