Verint Systems’ $315 Million Convertible Senior Notes Offering

Simpson Thacher represented the initial purchasers in the offering and the capped call transactions relating to the common stock of Verint Systems while Jones Day advised Verint Systems Inc.

Verint Systems Inc. (“Verint Systems”) executed its offering of $315 million aggregate principal amount of 0.25% Convertible Senior Notes due 2026, which includes the full exercise of the initial purchasers’ option to purchase additional Notes.

Verint Systems is an analytic software company focused on helping brands enhance customer engagement.

Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, with a team which included Roxane Reardon (Picture), Matt Hart and Lorin Hom (Capital Markets); Jonathan Lindabury, Caitlin Wood and Jakarri Hamlin (Derivatives); Patrick Ryan, Leah Nudelman, Dennis Durkin and Heather Lee (Credit); Genevieve Dorment (IP); Benjamin Rippeon and Edward Grais (Tax); Adeeb Fadil (Environmental); Jeanne Annarumma and Pasco Struhs (ERISA); and Andrew Pagliughi (Blue Sky).

The Jones day was led by Bradley C. Brasser.

Involved fees earner: Bradley Brasser – Jones Day; Jeanne Annarumma – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Dennis Durkin – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Edward Grais – Simpson Thacher & Bartlett; Jakarri Hamlin – Simpson Thacher & Bartlett; Matthew Hart – Simpson Thacher & Bartlett; Lorin Hom – Simpson Thacher & Bartlett; Heather Lee – Simpson Thacher & Bartlett; Jonathan Lindabury – Simpson Thacher & Bartlett; Leah Nudelman – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett; Roxane Reardon – Simpson Thacher & Bartlett; Benjamin Rippeon – Simpson Thacher & Bartlett; Patrick Ryan – Simpson Thacher & Bartlett; Pasco Struhs – Simpson Thacher & Bartlett; Caitlin Wood – Simpson Thacher & Bartlett;

Law Firms: Jones Day; Simpson Thacher & Bartlett;

Clients: J.P. Morgan Securities LLC; Verint Systems;

Author: Martina Bellini