A total of $112.8 million aggregate principal amount of existing green convertible senior notes will be exchanged

Davis Polk advised the placement agent in connection with the private exchange of $112.8 million aggregate principal amount of Bloom Energy’s 2.50% green convertible senior notes due 2025 for $115.7 million aggregate principal amount of its new 3.00% green convertible senior notes due 2029. The exchange transaction is expected to settle on or about May 13, 2025, subject to customary closing conditions.

Headquartered in San Jose, California, Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world.

The Davis Polk capital markets team included partner Alan F. Denenberg and associate Brendon S. Brown. All members of the Davis Polk team are based in the Northern California office.

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