Antara Capital $300 million investment in ChargePoint convertible notes
We are advising Antara Capital on the transaction
Davis Polk is advising Antara Capital LP on a $300 million investment in ChargePoint Holdings, Inc. Under the terms of the investment, Antara is purchasing $300 million in aggregate principal amount of 3.50% / 5.00% convertible senior PIK toggle notes due 2027 of ChargePoint Holdings.
ChargePoint is a leading EV charging network provider and is creating a new fueling network to move people and goods on electricity.
The Davis Polk corporate team includes partner Alan Denenberg, counsel Bryan M. Quinn and associate Alex DeGroat. Partner Mark M. Mendez and associates Hanbing Zhang and Eugenia S. Lee are providing derivatives advice. Partner Michael Farber and associates Aliza Slansky and Dmitry Dobrovolskiy are providing tax advice. Members of the Davis Polk team are based in the Northern California and New York offices.