NEW YORK, Sept. 16, 2020 /PRNewswire/ -- DLA Piper
represented PROS Holdings, Inc. (NYSE: PRO), a provider of
artificial intelligence-powered pricing and revenue management
software products, in its offering of US$150
million aggregate principal amount of its convertible senior
notes due 2027. The convertible notes were offered in a
private placement to qualified institutional buyers pursuant to
Rule 144A under the Securities Act of 1933.
"Our capital markets team has been extremely active
in the equity-linked securities markets this year, and
we're elated to be able to leverage that experience in
helping PROS achieve an excellent result in a choppy market," said
Drew Valentine, a member of DLA
Piper's capital markets team.
The DLA Piper team advising PROS Holdings was led by
John J. Gilluly III (Austin), and in
addition to Valentine (Austin/New
York), included partners Jamie
Knox and Drew Young (both of
New York) and Marc Horwitz (Chicago); and associates Boston
Schwarz and Austin Patterson,
(both of Austin), Joon Yoo
(New York) and Payvand Coyle (Los
Angeles).
DLA Piper's global capital markets team represents issuers and
underwriters in registered and unregistered equity, equity-linked
and debt capital markets transactions, including initial public
offerings, follow-on equity offerings, equity-linked securities
offerings, and offerings of investments grade and high-yield debt
securities.
DLA Piper's global Technology sector lawyers work across
practice areas and offices to support technology clients – from
startups to fast-growing and mid-market businesses to mature global
enterprises – doing business around the world.
About DLA Piper
DLA Piper is a global law firm with lawyers located in more than
40 countries throughout the Americas, Europe, the Middle
East, Africa and
Asia Pacific, positioning us to
help clients with their legal needs around the world. In certain
jurisdictions, this information may be considered attorney
advertising. dlapiper.com
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SOURCE DLA Piper