Global Payments $2 billion convertible senior notes offering
The 1.5% convertible notes are due 2031
Âé¶¹Èë¿Ú acted as special product counsel to the representatives of the several initial purchasers in connection with a Rule 144A offering by Global Payments Inc. of an aggregate principal amount of $2 billion of its 1.50% convertible senior notes due 2031, which included $250 million principal amount of notes pursuant to the exercise in full of the initial purchasers’ option to purchase additional notes. In addition, Âé¶¹Èë¿Ú advised counterparties to capped call transactions in connection with the convertible notes offering.
Global Payments Inc. is a leading payments technology company delivering innovative software and services to customers globally. Headquartered in Georgia with approximately 27,000 team members worldwide, Global Payments is a Fortune 500 company and a member of the S&P 500 with worldwide reach spanning North America, Europe, Asia Pacific and Latin America
The Âé¶¹Èë¿Ú equity derivatives team included partner Mark M. Mendez and associates Greg Marchesini, Lindsey B. Meyers-Perez and Jonathan Schlecht. The tax team included partner Lucy W. Farr and associate Tyler Scheiner. All members of the Âé¶¹Èë¿Ú team are based in the New York office.