We advised the representatives of the several initial purchasers on the offering

Davis Polk advised the representatives of the several initial purchasers in connection with a Rule 144A offering by Fastly, Inc. of $160 million aggregate principal amount of its 0% convertible senior notes due 2030. In addition, Davis Polk advised the counterparties to the capped call transactions entered into in connection with the offering.

Fastly’s powerful and programmable edge cloud platform helps the world’s top brands deliver online experiences that are fast, safe and engaging through edge compute, delivery, security and observability offerings that improve site performance, enhance security and empower innovation at global scale. Fastly is headquartered in San Francisco, California.

The Davis Polk corporate team included partners Alan F. Denenberg and Emily Roberts and associates Sunny Xu, Alexander Curtis and Matthew Kenney. The equity derivatives team included partner Caitlin L. Wood and associate Alexander S. Pettingell. The intellectual property team included partner Pritesh P. Shah and associate Francesca Masella. Partner Aliza Slansky and associate William Liang provided tax advice. Members of the Davis Polk team are based in the Northern California and New York offices.