Gunderson Dettmer Advises Coupa Software Incorporated on Rule 144A Convertible Note Offering

June 13, 2019Client News

Gunderson Dettmer advised Coupa Software Incorporated in a Rule 144A offering of $805 million aggregate principal amount of convertible senior notes due 2025, including the underwriters’ exercise of an option to purchase additional notes. Public Offerings/Public Companies Partner Richard Blake, corporate partner Dan O’Connor and associates Owais Mahesri and Anjuli Schlievert led the team advising Coupa.

The initial purchasers of the notes included Morgan Stanley, Goldman Sachs, Barclays, Cantor, RBC Capital Markets, BTIG, and Raymond James.

Coupa, which trades on the Nasdaq under the ticker symbol “COUP,” is the leading provider of business spend management (BSM) solutions.