Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by RealPage, Inc. of $345 million aggregate principal amount of its 1.50% convertible senior notes due 2022, which includes the full exercise of the initial purchasers’ over-allotment option. In addition, Davis Polk advised the counterparties to convertible note hedge and warrant transactions in connection with the offering.

RealPage, Inc. is a global provider of software and data analytics to the real estate industry, helping owners, managers and investors to improve operating performance and increase capital returns. Their common stock is listed on the NASDAQ Global Select Market under the symbol “RP.”

The Davis Polk corporate team included partner Joseph A. Hall and associates Julia Danforth and Andrew J. Terjesen. The equity derivatives team included partner John M. Brandow and associates Barry J. Gewolb, Caitlin L. Wood, Hanbing Zhang and Jenny Ge. The tax team included partner Po Sit. Partner Pritesh P. Shah provided intellectual property and technology advice. All members of the Davis Polk team are based in the New York office.