Bloom Energy $402.5 million green convertible notes offering
The 3% green convertible senior notes are due 2029
Davis Polk advised the representative of the initial purchasers in connection with a Rule 144A offering by Bloom Energy Corporation of $402.5 million aggregate principal amount of its 3% green convertible senior notes due 2029, which included $52.5 million aggregate principal amount of notes issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional notes.
Headquartered in San Jose, California, Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Jonathan Bye, Karen Yang and Dove Barbanel. The tax team included partner Corey M. Goodman and associate Justin Corvino. Partner David R. Bauer and associates Jordan Khorshad and Ben Malone provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.