Akin Gump Advises Baker Bros. Advisors in Convertible Note Purchase Agreement
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(New York) – Akin Gump advised Baker Bros. Advisors LP in the purchase of an aggregate principal amount of $10 million of convertible promissory notes pursuant to a Convertible Note Purchase Agreement. The deal, which closed today, provides for an aggregate principal amount of up to $15 million in the first tranche funding and up to an additional $5 million in the second tranche funding.
Jeffrey Kochian, head of Akin Gump’s corporate practice, led the team advising Baker Bros. Advisors. He was joined by fellow partner Matthew Bivona, counsel Alyssa Dossick and associate Ashton Butcher.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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