The 3% green convertible senior notes are due 2028

Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by Bloom Energy Corporation of $632.5 million aggregate principal amount of its 3% green convertible senior notes due 2028, which included $82.5 million aggregate principal amount of notes issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional notes. Davis Polk also advised the counterparties to capped call transactions entered into by Bloom Energy in connection with the offering.

Headquartered in San Jose, California, Bloom Energy’s mission is to make clean, reliable and affordable energy for everyone in the world.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Tierney O’Rourke and Jacquiley Wong. The equity derivatives team included partner Caitlin L. Wood and associates Gregory Edgar Marchesini, Lindsey B. Meyers-Perez and Amy Cheng. The tax team included partner Michael Farber and associate Justin Corvino. Partner David R. Bauer provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.

Copy link to share post