Latham & Watkins Advises on Supermicro’s US$2.3 Billion Convertible Senior Notes Offering

Super Micro Computer, Inc. (NASDAQ: SMCI), a total IT solution manufacturer for AI, cloud, storage, and 5G/Edge, has announced the pricing of US$2.3 billion aggregate principal amount of convertible senior notes due 2030. The initial purchasers exercised in full their option to purchase an additional US$300 million aggregate principal amount of the convertible notes. The convertible notes are being offered and sold to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933. The company expects to close the offering on June 26, 2025, subject to the satisfaction of various customary closing conditions.

Latham & Watkins LLP represents the initial purchasers in the offering with a Capital Markets team led by partners Greg Rodgers, Brittany Ruiz, and Andrew Blumenthal, with associates Sandy Kugbei, Andrew Bentz, Will Coughlin, Yulong Li, Steve Hess, and Daniel Weiss. Advice was also provided on derivatives matters by partner Reza Mojtabaee-Zamani and counsel Christopher Yu, with associate Adam Zhang; on tax matters by partners Elena Romanova and Aaron Bernstein, with assistance from Claire Park; on intellectual property matters by partner Jessica Cohen, with associate Zachary Shufro; on data privacy matters by partner Heather Deixler; on environmental matters by partner Aron Potash, with associate Matthew Green; on sanctions matters by partner Les Carnegie, with associates Eric Green and Matthew Gregory; and on securities matters by partner Colleen Smith.