SoFi in its private Rule 144A offering of convertible senior notes due 2029

On March 5, 2024, SoFi Technologies, Inc. (NASDAQ: SOFI) announced that it had priced a private offering of $750 million of 1.25% Convertible Senior Notes due 2029, plus an option to the initial purchasers to purchase up to an additional $112.5 million of Notes.  In connection with the pricing of the Notes, SoFi entered into privately negotiated capped call transactions.  On March 4, 2024, SoFi separately entered into exchange agreements to exchange $600 million of its 0% Convertible Senior Notes due 2026 for shares of SoFi common stock.

Wachtell, Lipton, Rosen and Katz is serving as legal advisor to SoFi.