Fenwick Represents Chegg in $700 Million Convertible Senior Notes Offering

Fenwick & West represented Chegg, Inc. (NYSE: CHGG), the leading student-first interconnected learning platform, in its offering of $700 million of 0.125% convertible senior notes due 2025 to qualified institutional buyers pursuant of Rule 144A under the Securities Act of 1933. Morgan Stanley, BofA Merrill Lynch, Allen & Company LLC, Barrington Research and Northland Capital Markets acted as the initial purchasers of the notes.

The Fenwick transaction team was led by corporate lawyers Dave Bell, David Michaels, Kat Duncan, Julia Forbess, Christine Chen, Ari Haber, Alex Petersen, Michelle Zheng, and Christina Zhao.