Freshfields advises on $825 million offering of 0% Convertible Senior Notes due 2026 for Fastly

A team from Freshfields has acted as initial purchasers’ counsel for the offering by Fastly, Inc. of $825 million aggregate principal amount of 0% Convertible Senior Notes due 2026. The initial purchasers were led by Morgan Stanley, Citigroup, Credit Suisse and RBC Capital Markets.

Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing customers’ applications as close to their end-users as possible — at the edge of the internet. Fastly’s platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development with unmatched visibility and minimal latency, empowering developers to innovate with both performance and security. Fastly’s customers include many of the world’s most prominent companies, including Pinterest, The New York Times, and GitHub.

More details about the transaction can be found here and here.

The Freshfields team was led by partner Sarah Solum, who was supported by senior associate Scott Blumenkranz, associates Alex Canahuate and Jack Liechtung, and senior corporate paralegal Sangeetha Rao. Tax advice was provided by counsel Dennis Caracristi, while IP advice was provided by partner Mena Kaplan and special counsel Peter Jaffe. Partner Nabeel Yousef and associate Amy Cattle counseled on sanctions matters.

ENDS

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is a global elite law firm with a long-standing track record of successfully supporting the world’s leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

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Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit Freshfields.us.

This material is for general information only and is not intended to provide legal advice. Prior results do not guarantee a similar outcome.


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