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

January 17, 2018

Gunderson Dettmer advised Coupa Software Incorporated in a Rule 144A offering of $230 million aggregate principal amount of convertible senior notes due 2023, including the underwriters’ exercise of an option to purchase additional notes. IPOs and equity capital markets chair Richard Blake, corporate partner Dan O’Connor and associates Darin See and Allie Hastings led the team advising Coupa.

The initial purchasers of the notes included Morgan Stanley, J.P. Morgan, Goldman Sachs, Barclays, RBC Capital Markets, BTIG, Oppenheimer & Co., Raymond James and First Analysis.

Coupa, which trades on the Nasdaq under the ticker symbol “COUP,” has as its mission to deliver “Value as a Service” by helping its customers maximize their spend under management, achieve significant cost savings and drive profitability.