Workiva Inc. $300 Million Convertible Senior Notes Offering

Davis Polk acted as special product counsel to the representatives of the initial purchasers in connection with a Rule 144A offering by Workiva Inc. of $300 million aggregate principal amount of its 1.125% convertible senior notes due 2026.

Workiva is a leading provider of cloud-based solutions for connected reporting and compliance. Workiva’s platform, Wdesk, is used by thousands of public and private companies, government agencies and higher-education institutions. Wdesk offers controlled collaboration, data linking, data integrations, granular permissions, process management and a full audit trail. Wdesk users are able to combine narrative with their data, which greatly improves insight in their financial, regulatory and management reporting processes.

The Davis Polk derivatives team included partner Mark J. DiFiore and associates Hanbing Zhang and S. Elizabeth Kim. The tax team included partner Michael Farber and associates M. Jared Sanders and Aliza Slansky. All members of the Davis Polk team are based in the New York office.