Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as representative of the initial purchasers in connection with a Rule 144A offering by Monster Worldwide, Inc. of an aggregate principal amount of $143.75 million of 3.5% convertible senior notes due 2019, which included $18.75 million aggregate principal amount of convertible senior notes issued pursuant to the exercise in full of the initial purchasers’ over-allotment option. 

In addition, Davis Polk advised Bank of America, N.A. as counterparty to capped call transactions entered into in connection with the convertible senior notes offering.  

Monster Worldwide, Inc. is the parent company of Monster.com and is the leading global online careers property. Monster Worldwide, Inc. provides a full array of job-seeking, career management, recruitment and talent management products and services to leading companies, governments and job seekers. The company’s operations are supported by a global footprint that includes a presence in more than 40 countries across North America, Europe and the Asia Pacific region.  

The Davis Polk capital markets team included partner Deanna L. Kirkpatrick and associate Alice Z. Chen. The Davis Polk equity derivatives team included partner Mark M. Mendez and associates Barry J. Gewolb, Robert Stewart and Yuki Shirato. Partner Lucy W. Farr and associate Joseph Pahl provided tax advice. Partner Frank J. Azzopardi and associate David He provided intellectual property advice. All members of the Davis Polk team are based in the New York office.