Fenwick Represents Symantec in its $500 Million Strategic Investment by Silver Lake

February 04, 2016

Fenwick & West represented Symantec Corporation (NASDAQ: SYMC) in its $500 million strategic investment by Silver Lake, the global leader in technology investing. Under the terms of the agreement, Silver Lake is purchasing $500 million aggregate principal amount of 2.5% convertible senior unsecured notes due 2021 with an initial conversion price of $21.00 per share. Symantec expects to complete the sale of the notes on or about March 4, 2016, subject to customary closing conditions. More information is available through the announcement on Symantec’s website.

The Fenwick transaction team included corporate lawyers Doug Cogen, David Michaels, Scott Behar, Niki Fang, Kevin Adams and Jordan Roberts.