Convertible Senior Notes

Technology & Services
Convertible Senior Notes


Baird served as a co-manager on this offering


Concur Technologies, Inc. (“Concur” or the “Company”) (NASDAQ-GS: CNQR) recently priced an offering of $488.8 million aggregate principal amount of 0.50% Convertible Senior Notes due 2018. The Company intends to use the net proceeds from the offering for general corporate purposes, potential acquisitions and strategic transactions.

Concur is a leading provider of integrated travel and expense management solutions for companies of all industries, sizes and geographies. The Company’s easy-to-use cloud computing and mobile solutions help companies and their employees control costs, save time and boost productivity by streamlining the expense management, travel procurement, itinerary management and invoice management processes. Concur serves more than 18,000 companies in over 100 countries and is headquartered in Bellevue, Washington.

For additional information about this transaction, please contact:

Greg Ingram (415) 627-3279
Louis Draper (650) 858-3821
John Moriarty (650) 858-3811
Erik Szyndlar (650) 858-3814
Pat Lawton (414) 298-7764
Technology & Services
Convertible Senior Notes
May 2013
Concur Technologies, Inc.
Technology & Services
Target Location
North America