WilmerHale Advises MicroStrategy Incorporated in $3 Billion Rule 144A and Regulation S Offering of 0% Convertible Senior Notes Due 2029

• 11.26.2024

On November 21, 2024, WilmerHale represented MicroStrategy Incorporated in connection with a Rule 144A and Regulation S offering of $3 billion of 0% Convertible Senior Notes due 2029. This transaction was the most recent of five issuances of senior convertible notes this year by MicroStrategy, raising over $6 billion, and is the largest 0% coupon US marketed convertible offering over the last decade. The offering priced on November 19 and closed on November 21, 2024.

The WilmerHale team consisted of Tom Ward, Craig Hilts, Julie Hogan Rodgers, Jeffries Oliver-Li, Ryan Brewer, Nick Andreacchi and Heidi Treiber.