Ancestry $950 million senior notes offering
We represented the initial purchasers on the notes offering
Davis Polk advised the representative of the several initial purchasers in connection with a Rule 144A / Regulation S offering of $950 million aggregate principal amount of its 9.000% senior first-lien notes due 2031 by Arches Buyer Inc. d/b/a Ancestry.
Ancestry is a world-leading platform for family history and storytelling, transforming individual pieces of historical and personal data into deeply meaningful family narratives.
The Davis Polk capital markets team included partners Michael Kaplan and Emily Roberts, counsel Michael Stromquist and associates Julia Molo, Yusuke Tsuzuki and Naomi Zhao. The finance team included partner David Hahn and associate Matthew Vallade. Partner Matthew J. Bacal provided intellectual property advice. Counsel Dustin Plotnick provided tax advice. Members of the Davis Polk team are based in the Northern California and New York offices.