T1 Energy $184 million convertible senior notes offering
We advised the representatives of the several underwriters on the offering
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering by T1 Energy Inc. of an aggregate principal amount of $184 million of its 4.00% convertible senior notes due 2031, which included $24 million aggregate principal amount of notes pursuant to the exercise in full of the underwriters’ over-allotment option to purchase additional notes.
T1 Energy Inc. is an energy solutions provider building an integrated U.S. supply chain for solar and batteries. It manufactures and sells photovoltaic solar modules in the United States.
The Davis Polk capital markets team included partner Derek Dostal, counsel John H. Runne and associate Jared A. Bivens. The equity derivatives team included partner Mark J. DiFiore, counsel M. Faisal Baloch and associate Jessica Carter. Partner Lucy W. Farr, counsel Dustin Plotnick and associate Georgianna Eck provided tax advice. All members of the Davis Polk team are based in the New York office.