---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-138418"
form_type: "8-K"
ticker: "W"
cik: "0001616707"
company_name: "Wayfair Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:27:30.784539+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Wayfair announces $600M convertible senior notes offering due 2028, with $90M greenshoe

## Summary
- Offering $600M aggregate principal of convertible senior notes due Nov 15, 2028; initial purchasers have option for additional $90M.
- Notes will be senior unsecured; interest rate and conversion price set at pricing; redeemable after May 20, 2026 if stock ≥130% of conversion price.
- Proceeds used to pay for capped call transactions (reduce dilution), repurchase portions of existing 2024, 2025, 2026 notes, and for general corporate purposes.
- Company expects to enter concurrently with note repurchases of existing convertible notes; also enters capped call transactions with initial purchasers.
- Offering is private under Rule 144A; notes and underlying shares not registered under Securities Act.

## SEC filing metadata
- accession: 0001193125-23-138418
- form_type: 8-K
- ticker: W
- cik: 0001616707
- company_name: Wayfair Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616707/000119312523138418/0001193125-23-138418-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616707/000119312523138418/d269952d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-138418
- JSON: https://secwatch.observer/filing/0001193125-23-138418.json
- Plain text: https://secwatch.observer/filing/0001193125-23-138418.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.