The 0.625% convertible senior notes are due 2030

Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by Euronet Worldwide, Inc. of an aggregate principal amount of $1 billion of 0.625% convertible senior notes due 2030. The offering included $150 million aggregate principal amount of convertible senior notes issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional convertible senior notes. In addition, Davis Polk advised the counterparties to the capped call transactions entered into in connection with the offering.

Euronet is a global leader in payments processing and cross-border transactions and moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit/debit processing, ATMs, point-of-sale services, branded payments and currency exchange. With products and services in 199 countries and territories provided through its own brand and branded business segments, Euronet and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone.

The Davis Polk capital markets team included partner Michael Kaplan and associates Lik Hang (Lincoln) Jim and Eric Spiniello. The equity derivatives team included partner Caitlin L. Wood, counsel Joseph Luizzi, associates Richard Stockton Bullitt and Melissa X. Estrada. Partner Aliza Slansky provided tax advice. Partner Frank Azzopardi provided intellectual property advice. Partner David L. Portilla provided financial institutions advice. All members of the Davis Polk team are based in the New York office.

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