Latham & Watkins Represents Oscar Health, Inc. in US$305 Million Convertible Senior Notes Offering

Oscar Health, Inc., the first health insurance company built on a full stack technology platform, has announced a US$305 million convertible notes transaction to strengthen its balance sheet and provide strong liquidity to support the growth of the organization. The transaction is expected to close on February 3, 2022, subject to customary closing conditions. 

Latham & Watkins LLP represents Oscar Health in the offering with a capital markets team led by New York partner Keith Halverstam, New York/Los Angeles partners Greg Rodgers and Brittany Ruiz, and Boston partner Peter Handrinos, with New York associates Sandy Kugbei and Nick Gonzalez. Along with Greg Rodgers, advice was provided on convertible debt matters by New York associates Andrew Blumenthal and Claire Solimine; on tax matters by New York partner Elena Romanova, with New York associates Aaron Bernstein and Jacob Nagelberg; and on public company representation matters by New York partner Jenna Cooper, with New York associate Justin McNamee.