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Rambus Inc. $172.5 Million Convertible Senior Notes Offering
11/17/2017

Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by Rambus Inc. of $172.5 million aggregate principal amount of its 1.375% convertible senior notes due 2023, which included $22.5 million aggregate principle amount of convertible senior notes issued pursuant to the exercise of the initial purchasers’ over-allotment option.

Davis Polk also advised the counterparties to convertible note hedge and warrant transactions in connection with the convertible notes offering. 

 Headquartered in Sunnyvale, California, Rambus Inc. creates innovative hardware and software technologies, driving advancements from the data center to the mobile edge.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Jason Bassetti, Tyler P. Pender and Xin (Anita) Guo. The equity derivatives team included partner Mark M. Mendez and associate Won Lee. Counsel Michelle Ontiveros Gross and associate Jason J. Bang provided intellectual property and technology advice. Partner Rachel D. Kleinberg and associate K. Daniel Berman provided tax advice. Members of the Davis Polk team are based in the Northern California and New York offices.