WilmerHale Advises Akamai on $1.725 Billion Offering of 0.25% Convertible Senior Notes due 2033

WilmerHale Advises Akamai on $1.725 Billion Offering of 0.25% Convertible Senior Notes due 2033

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WilmerHale represented Akamai Technologies, Inc. in connection with its private offering of $1.725 billion in aggregate principal amount of 0.25% Convertible Senior Notes due 2033, which includes the initial purchasers’ exercise of a $225 million greenshoe. The offering priced on May 14, 2025, and closed on May 19, 2025. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc. and Goldman Sachs & Co. LLC acted as representatives of the several initial purchasers for the offering.

The WilmerHale team advising Akamai Technologies, Inc. on the offering consisted of Molly Fox, Liz Graffeo, Katharine Patterson, Sarah Matchett, Connor McRory and Heidi Treiber (Capital Markets), with support from Jeannette Boot and Megan O’Flynn (Derivatives), Brandt Tierney (Debt Finance), Dave Strong, Meghan Walsh and Ben Kelsey (Tax), Tim Silva and Annaka Merrick (1940 Act), and paralegal support from Mark Devine, Louise Luongo and Rikka Shrestha.

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