The Rule 144A offering involved 0% convertible notes due 2026

Davis Polk advised the representatives of the several initial purchasers in connection with a Rule 144A offering by Twitter, Inc. of an aggregate principal amount of $1.25 billion of its 0% convertible senior notes due 2026. In addition, Davis Polk advised the counterparties to convertible note hedge and warrant transactions in connection with the offering.

Twitter is what’s happening in the world and what people are talking about right now. Every day, instances of breaking news, entertainment, sports, politics, big events and everyday interests happen first on Twitter.

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jeffrey Gould and associate Benson Richards. The equity derivatives team included partner John M. Brandow and associates Hanbing Zhang and Yini Chen. The tax team included partner Michael Farber and associate Ben Levenback. The intellectual property and technology transactions team included associate Mikaela Dealissia. Members of the Davis Polk team are based in the Northern California and New York offices.