We advised the initial purchasers on the Rule 144A convertible senior notes offering

Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by Groupon, Inc. of $200 million aggregate principal amount of its 1.125% convertible senior notes due 2026. Davis Polk also advised the counterparties to capped call transactions entered into by Groupon in connection with the offering.

Headquartered in Chicago, Illinois, Groupon is a global scaled two-sided marketplace that connects consumers to merchants.

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jeffrey Gould and associate Ganiatu Afolabi. The equity derivatives team included partner John M. Brandow, counsel Justin Michael and associates Hanbing Zhang. Counsel Po Sit and associate Tomislava Dragicevic provided tax advice. Partner Pritesh P. Shah and associate S. Dream Montgomery provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.