Davis Polk acted as special product counsel to the representatives of the initial purchasers in connection with a Rule 144A offering by Live Nation Entertainment, Inc. of an aggregate principal amount of $550 million of its 2.5% convertible senior notes due 2023, which includes $50 million aggregate principal amount of notes from the full exercise of the initial purchasers’ over-allotment option. 

Headquartered in Beverly Hills, California, Live Nation Entertainment, Inc. is a live entertainment company involved in the production, advertising and ticketing of live events.

The Davis Polk equity derivatives team included partner Mark M. Mendez and associate Mark J. DiFiore. The tax team included partner Rachel D. Kleinberg and associate Liang Zhang. Members of the Davis Polk team are based in the New York and Northern California offices.