Fenwick Represents Workday in $1 Billion Convertible Senior Notes Offering

Fenwick & West represented Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for finance and human resources, in its offering of $1 billion aggregate principal amount of 0.25% convertible senior notes due 2022. The notes were sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. Workday also granted the initial purchasers of the notes an option to purchase up to an additional $150 million aggregate principal amount of notes.

The Fenwick transaction team included corporate lawyers Jeffrey Vetter, David Michaels, Niki Fang, Julia Forbess, Thomas Kang, Brian Kelly and Larry Suh; and tax lawyers William Skinner, Ronald Schrotenboer and David de Ruig.

More information about the offering can be obtained from Workday’s website.