Fenwick & West LLP represented Concur Technologies, Inc. (NASDAQ: CNQR), a leading provider of integrated travel and expense management solutions, in its offering of $488.75 million aggregate principal amount of 0.50% convertible senior notes due in 2018. The notes were issued in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The offering included $63.75 million aggregate principal amount of notes issued pursuant to the full exercise of the initial purchasers' over-allotment option.
More information about the transaction can be found here.
The Fenwick & West transaction team was led by corporate partners Horace Nash and David Michaels and corporate associates Niki Fang, Katherine Duncan and Liza Kostinskaya.
More information about the Fenwick & West corporate securities practice can be found here.