Convertible Notes Offering

Technology & Services
Convertible Notes Offering

Summary

Baird served as a co-manager on this offering

About

Vonage Holdings Corp. ("Vonage") (NYSE: VG) recently completed a private offering pursuant to Rule 144A of $300 million aggregate principal amount of 1.75% Convertible Senior Notes due 2024. In addition, Vonage has granted to the initial purchasers of the notes a 30-day option to purchase up to an additional $45 million aggregate principal amount of notes.

Vonage is redefining business communications, helping enterprises use fully-integrated unified communications, contact center, and programmable communications solutions via Nexmo, the Vonage API Platform, to improve how business gets done. True to its roots as a technology disruptor, Vonage has embraced technology to transform how companies connect, collaborate and communicate to create better business outcomes. Vonage's fully-integrated cloud communications platform built on a microservices-based architecture enables businesses to collaborate more productively and engage their customers more effectively across all channels, including messaging, chat, social media, video and voice. Vonage is headquartered in Holmdel, New Jersey.
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Technology & Services
Convertible Notes Offering
Date
June 2019
Company
Vonage Holdings Corp.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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