Coupa Prices $200 Million Convertible Senior Notes Due 2023
Summary
Thereafter, the notes will be convertible at any time until the close of business on the second scheduled trading day immediately preceding the maturity date.In addition, the capped call counterparties and/or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Coupa common stock and/or purchasing or selling Coupa common stock in secondary market transactions following the pricing of the notes and prior to the maturity of the notes.We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability.Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally.Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management.
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