Workiva $625 million convertible senior notes offering
The 1.25% convertible senior notes are due 2028
Davis Polk advised the initial purchaser in connection with a Rule 144A offering by Workiva Inc. of an aggregate principal amount of $625 million of its 1.25% convertible senior notes due 2028.
Workiva builds and delivers the world’s leading cloud platform for assured, integrated reporting to meet stakeholder demands for action, transparency and disclosure of financial and non-financial data. Workiva’s operational headquarters are located in Ames, Iowa, with additional offices located in the United States, Europe, the Asia-Pacific region and Canada.
The Davis Polk corporate team included partner Dan Gibbons and associates Xi (Brooke) Zheng and Xuanling Xu. The equity derivatives team included partner Mark J. DiFiore, counsel Hanbing Zhang and associates Ji Hwan Kim and Ray Roesler. The intellectual property team included partner Frank J. Azzopardi and associate Francesca Masella. Partner Kara L. Mungovan provided tax advice. All members of the Davis Polk team are based in the New York office.