Alarm.com Holdings $500 million convertible senior notes offering
We advised the initial purchasers on the Rule 144A offering
1/20/2021

Davis Polk advised the representatives of the initial purchasers in a Rule 144A offering by Alarm.com Holdings, Inc. of $500 million aggregate principal amount of 0% convertible senior notes due 2026, including $65 million principal amount of convertible notes pursuant to the exercise in full of the initial purchasers’ option to purchase additional convertible notes. Alarm.com Holdings’ common stock is listed on the Nasdaq Global Select Market under the symbol “ALRM.”

Alarm.com is a leading platform for the intelligently connected property. It offers a comprehensive suite of cloud-based solutions for smart residential and commercial properties, including interactive security, video monitoring, intelligent automation, energy management and wellness solutions. Millions of property owners depend on Alarm.com’s technology to intelligently secure, automate and manage their residential and commercial properties.

The Davis Polk equity derivatives team included partner Mark M. Mendez, counsel Katharine O’Banion and associate Alex Yang. The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associates Jose Lucena-Rebollo and Francisco J. Cespedosa. Partner Michael Farber and associate Ben Levenback provided tax advice. Partner Frank J. Azzopardi and associate S. Dream Montgomery provided intellectual property advice. Members of the Davis Polk team are based in the New York and Madrid offices.