The 2.25% convertible senior notes are due 2028

Davis Polk advised the initial purchasers in connection with a Rule 144A offering by Tetra Tech, Inc. of $575 million aggregate principal amount of its 2.25% convertible senior notes due 2028, which included the full exercise of the option by the initial purchasers to purchase an additional $75 million aggregate principal amount of the convertible notes. In addition, Davis Polk advised the counterparties to the capped call transactions entered into in connection with the offering.

Headquartered in California, Tetra Tech, Inc. is a leading provider of high-end consulting and engineering services for projects worldwide. Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development.

The Davis Polk corporate team included partner Yasin Keshvargar and associates Xi (Brooke) Zheng and Jenny Li. The equity derivatives team included partner Mark J. DiFiore and associates Stockton Bullitt, Lindsey B. Meyers-Perez, Jonathan Schlecht and Ji Hwan Kim. Partner Michael Farber provided tax advice. Partner David R. Bauer provided intellectual property advice. All members of the Davis Polk team are based in the New York office.