Davis Polk advised the joint book-running managers and representatives of the initial purchasers in connection with a Rule 144A offering by ServiceNow, Inc. of $750 million aggregate principal amount of 0% convertible senior notes due 2022. In addition, Davis Polk advised the counterparties to convertible note hedge and warrant transactions in connection with the convertible notes offering.

Headquartered in Santa Clara, California, ServiceNow is a leading provider of enterprise cloud computing solutions that define, structure, manage and automate services for global enterprises to help their customers improve service levels and reduce costs while scaling and automating their businesses.

The Davis Polk corporate team included partner Bruce K. Dallas and associates Emily Roberts, Connie Y. Lam and Tiffany Ho. The equity derivatives team included partner Mark M. Mendez and associates Barry J. Gewolb and Hanbing Zhang. The tax team included partner Rachel D. Kleinberg and associate Yoojin L. Kim. Members of the Davis Polk team are based in the Northern California and New York offices.