TTEC Holdings’ $109.5 Million Secondary Offering

Hogan Lovells acted as legal counsel to TTEC Holdings, Inc., while Davis Polk advised the joint book running managers and representatives of the several underwriters in connection with the offering.

TTEC Holdings, Inc. and Kenneth D. Tuchman, Chairman and CEO of the Company, entered into an Underwriting Agreement with BofA Securities, Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein, for the sale of 3,000,000 shares of common stock of the Company, $0.01 par value per share, by Kenneth D. Tuchman at a price of $36.50 per share.

Pursuant to the terms of the Underwriting Agreement, TTEC granted the Underwriters a 30-day option to purchase up to 450,000 additional shares, at the public offering price, less the underwriting discount.

The common stock is listed on the Nasdaq Global Select Market under the symbol “TTEC.”

In addition to BofA Securities, Inc. and Morgan Stanley & Co. LLC, also Craig-Hallum Capital Group LLC, Cowen and Company, LLC, William Blair & Company, L.L.C., Northland Securities, Inc., and HSBC Securities (USA) Inc. acted as underwriters in the offering.

Headquartered in Englewood, Colorado, TTEC is a leading global customer experience technology and services company.

The Davis Polk corporate team included partner Alan F. Denenberg (Picture) and associates Scott A. Blumenkranz and Paula Gergen. Partner Rachel D. Kleinberg and associate Adam R. Brownstone provided tax advice. Partner Frank J. Azzopardi and associate Jennifer Leather provided intellectual property and technology advice.

Involved fees earner: Frank Azzopardi – Davis Polk & Wardwell; Scott Blumenkranz – Davis Polk & Wardwell; Adam Brownstone – Davis Polk & Wardwell; Alan Denenberg – Davis Polk & Wardwell; Paula Gergen – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; Jennifer Leather – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities; Cowen and Company; Craig-Hallum Capital Group LLC; HSBC Securities; Morgan Stanley; Northland Securities, Inc.; William Blair & Company, L.L.C.;

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Author: Ambrogio Visconti