Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by World Wrestling Entertainment, Inc. of $200 million aggregate principal amount of its 3.375% convertible senior notes due 2023. In addition, Davis Polk advised the counterparties to convertible note hedge and warrant transactions in connection with the offering.

WWE is an integrated media and entertainment company, which has been involved in the sports entertainment business for over 30 years. WWE’s business spans the WWE Network, live and televised events, digital media, home entertainment, consumer products and feature films. WWE is listed on the New York Stock Exchange under the symbol “WWE.”

The Davis Polk corporate team included partner Joseph A. Hall and associate Dan Gibbons. The equity derivatives team included partner Mark M. Mendez and associates Barry J. Gewolb, Katharine O’Banion and Won Lee. The tax team included partner Michael Farber and associate Aaron M. Lee.  All members of the Davis Polk team are based in the New York Office.