NetworkNewsBreaks – LivePerson Inc. (NASDAQ: LPSN) Closes $517.5M Convertible Senior Notes Offering
LivePerson (NASDAQ: LPSN) has closed its offering of $517.5 million aggregate principal amount of 0% Convertible Senior Notes due 2026 in a private offering pursuant to Rule 144A under the Securities Act of 1933. The notes will have an initial conversion rate of 13.2933 shares of LivePerson common stock per $1,000 principal amount of the notes (subject to adjustment in certain circumstances). This is equivalent to an initial conversion price of approximately $75.23 per share and represents a premium of approximately 42.5% to the $52.79 per share closing price of LivePerson common stock on Dec. 1, 2020. LivePerson intends to…







