Sidley Represents Porch Group in Its US$333 Million Convertible Notes Financing
May 31, 2023
Related Professionals
Related Capabilities
SERVICES AND INDUSTRIES
Stay Up To Date
Sidley represented Porch Group, Inc. (NASDAQ: PRCH), a vertical software company in the home services and insurance sectors, in connection with Porch’s recent private placement of US$333 million aggregate principal amount of 6.75% Convertible Senior Secured Notes due 2028, and a concurrent privately negotiated repurchase of US$200 million aggregate principal amount of its 0.75% Convertible Senior Notes due 2026. The repurchases closed on April 20, 2023.
The Sidley team was led by partners Joshua G. DuClos (Private Equity), Michael P. Heinz (Capital Markets), and Elizabeth R. Tabas Carson (Global Finance), and includes Robert Mandell and Ashley E. Wong (Capital Markets); Daniel M. Philion, Shawn Bagdasarian, Joseph Hansik Ha, Hiroko Ito, and Bill Turnbull III (Global Finance); Rachel D. Kleinberg and Andy J. Lau (Tax); and Jocelyne E. Kelly (M&A).
This website uses cookies. Analytical cookies help us improve our website by providing insight on how visitors interact with our site, and necessary cookies which the website needs to function properly.
Necessary Cookies
The website cannot function properly without these necessary cookies, and they can only be disabled by changing your browser preferences. To learn more about these cookies, how we use them on our website, and how to revise your cookie settings, please view our cookie policy.
You have successfully set your edition to Asia Pacific. Would you like to make this selection your default edition?
*Selecting a default edition will set a cookie.
This website uses cookies. Analytical cookies help us improve our website by providing insight on how visitors interact with our site, and necessary cookies which the website needs to function properly.
Necessary Cookies
The website cannot function properly without these necessary cookies, and they can only be disabled by changing your browser preferences. To learn more about these cookies, how we use them on our website, and how to revise your cookie settings, please view our cookie policy.