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Vinson & Elkins Advises Fermi Inc. on $431.25 Million Convertible Senior Notes Offering

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Vinson & Elkins advised Fermi Inc. in connection with its upsized private offering of $375 million aggregate principal amount of 5.00% convertible senior notes due 2031 (the “Notes”), in addition to the exercise of an option to purchase an additional $56.25 million aggregate principal amount of Notes. The offering closed on July 14, 2026.

The Vinson & Elkins corporate team was led by Partners Dave Oelman, David Stone, and Daniel LeBey, with assistance from Senior Associate Logan Weissler and Associates Leah Powers, Hana Arriaga, and Tasha Nabila. Also advising were Partners Wendy Salinas and Paige Anderson, Counsel Allyson Seger, Senior Associate Lauren Neiman, and Associate Paige Melton; Partner Patricia Adams and Counsel Heather Reynolds Johnson.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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