On March 1, 2023, Alteryx, Inc. announced that it has priced its offering of $450 million aggregate principal amount of its 8.75 percent senior notes due 2028 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. The aggregate principal amount of the offering was increased by $100 million from the previously announced offering size. The offering is expected to close on March 6, 2023, subject to customary closing conditions. Alteryx intends to use the net proceeds of the offering for general corporate purposes, including potential repurchases or repayments of its outstanding convertible notes. The notes will be guaranteed on a senior unsecured basis by certain subsidiaries of the Alteryx. Alteryx UK Ltd will initially guarantee the notes.
A Wilson Sonsini Goodrich & Rosati team represented Alteryx in the transaction. The team includes:
Raj Judge
Mike Occhiolini
Richard Blake
Bryan King
Mike Rosati
Dave Strong
Austin March
Alex Weber
Kayla Kirk
Charlie McDonald
Andrew Duble
Eaton Liu
For more information, please see the press release.