Wix.com Ltd. $385 Million Convertible Senior Notes Offering

Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by Wix.com Ltd. of $385 million aggregate principal amount of its 0% convertible senior notes due 2023. In addition, Davis Polk advised counterparties to capped call transactions in connection with the offering. 

Based in Tel Aviv, Israel, Wix is a leading global web development platform that empowers businesses and organizations to take their businesses, brands and workflow online.

The Davis Polk corporate team included partners Sarah K. Solum and Richard D. Truesdell Jr. and associates Donald K. Lang, Josephine Chen and Stephanie Y. Cheng. The equity derivatives team included partner Mark M. Mendez, counsel Justin Michael and associates Caitlin L. Wood, Chaoshun (Jeff) Zuo and Andrea Feuer. Members of the Davis Polk team are based in the Northern California and New York offices.