WilmerHale represented Akamai Technologies, Inc. in connection with its private offering of $1,100,000,000 in aggregate principal amount of 1.125% Convertible Senior Notes due 2029. Akamai granted the initial purchasers of the notes an option to purchase up to an additional $165,000,000 in aggregate principal amount of notes on the same terms and conditions. The offering priced on August 15, 2023 and closed on August 18, 2023. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and BofA Securities, Inc. acted as representatives of the several initial purchasers for the offering.
The WilmerHale team advising Akamai Technologies, Inc. on the offering consisted of Susan Murley, Justin Ochs, Molly Fox, Brandt Tierney, Liz Graffeo, Sarah Matchett, Christopher Gravallese, and Karen Zhang (Capital Markets), with assistance from Julie Hogan-Rodgers and Ben Kelsey (Tax) and Jeannette Boot, Dino Wu, and Ben Lobley (Derivatives).