Deal Details
Convertible Senior Notes
Summary
Baird served as a co-manager on this offering
About
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.
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- Date
- May 2013
- Company
- Concur Technologies, Inc.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
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