MINDBODY, Inc. $270 Million Convertible Senior Notes Offering


Davis Polk advised representatives of the initial purchasers in connection with a Rule 144A offering by MINDBODY, Inc. of $270 million aggregate principal amount of its 0.375% convertible senior notes due 2023.

In addition, Davis Polk advised counterparties to capped call transactions in connection with the offering.

Société Générale, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC acted as Initial Purchasers on the offering.

MINDBODY, Inc. is the leading technology platform for the fitness, wellness and beauty services industries.

The Davis Polk corporate team included partner Alan F. Denenberg (Picture), law clerk Joseph Pullano and associate Laurel Mills. The equity derivatives team included partner Mark M. Mendez, counsel Derek Walters and associates Caitlin L. Wood and Won Lee. The tax team included partner Rachel D. Kleinberg and associate Liang Zhang.

Involved fees earner: Alan Denenberg – Davis Polk & Wardwell; Joseph Pullano – Davis Polk & Wardwell; Laurel Mills – Davis Polk & Wardwell; Caitlin Wood – Davis Polk & Wardwell; Mark Mendez – Davis Polk & Wardwell; Derek Walters – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; Liang Zhang – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Goldman, Sachs & Co.; Morgan Stanley; Société Générale;

Author: Ambrogio Visconti