Ropes & Gray Advises Alnylam Pharmaceuticals in $661.25 Million Rule 144A Offering

In The News
September 17, 2025

Ropes & Gray represented Alnylam Pharmaceuticals in connection with a Rule 144A offering of $661.25 million aggregate principal amount of 0.00 percent convertible senior notes due 2028, including $86.25 million principal amount of convertible notes pursuant to the exercise in full of the initial purchasers’ option to purchase additional convertible notes. In addition, Ropes & Gray advised Alnylam in connection with the capped call transactions entered into concurrently with the offering. The transaction was announced on September 8, 2025, in a press release

Alnylam is a leading independent biopharmaceutical company and the pioneer in RNA interference therapeutics.

The team was led by capital markets partners Tristan VanDeventer and Zach Blume, and included tax partner David Saltzman, asset management partner Jeremy Liabo, and asset management counsel Lindsey Jones.