Hilton Grand Vacations’ $300 Million Notes Offering

Simpson Thacher represented Hilton Grand Vacations Borrower LLC and Hilton Grand Vacations Inc., as co-issuers (the “co-issuers”), in connection with a Rule 144A/Regulation S offering by Goldman, Sachs & Co. (“Goldman Sachs”), as selling securityholder, of $300 million aggregate principal amount of the co-issuers’ 6.125% Senior Notes due 2024 The HGV Notes were initially issued […]

Synchronoss’ $821 Million Financing for Acquisition of Intralinks Holdings

Simpson Thacher represented Synchronoss Technologies, Inc. (NASDAQ: SNCR) in connection with $900 million of debt financing for its announced acquisition of Intralinks Holdings, Inc. The transaction, which was unanimously approved by the boards of directors of both companies, is expected to close in the first calendar quarter of 2017. Synchronoss Technologies is the leading innovator […]

L-3 Communications’ $550 Million Debt Offering

Simpson Thacher represented L-3 Communications Corporation in connection with a public offering of $550 million aggregate principal amount of 3.85% Senior Notes due 2026. Headquartered in New York City, L-3 employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication and electronic systems and products used on military, homeland […]

Texas Capital Bancshares, Inc.’s $236.5 Million Common Stock Offering

Simpson Thacher represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as the underwriters, in connection with a public offering of 3,450,000 shares, including option shares, of common stock of Texas Capital Bancshares, Inc. (“TCBI”) The offering closed on December 2, 2016. Proceeds will be used […]

EverBank Financial Corp.’s $134 million Secondary Offering

Simpson Thacher represented UBS Securities LLC as the sole underwriter in connection with a secondary offering by Sageview Partners L.P., the selling stockholder, of 7,012,230 shares of common stock, par value $0.01 per share, of EverBank Financial Corp. The offering closed on December 2, 2016 and resulted in net proceeds to the selling stockholder of […]

Extended Stay America, Inc.’s $205.1 million offering of common stock

Simpson Thacher represented certain entities affiliated with The Blackstone Group L.P. and Centerbridge Partners, L.P. in connection with a $205.1 million offering, consisting of 12,500,000 shares of paired common stock, each comprises one share of common stock of Extended Stay America, Inc. and one share of Class B common stock of ESH Hospitality, Inc., which […]

Jack Cooper Enterprises’ $80.45 Million Exchange Offer

Simpson Thacher represented J.P. Morgan Securities LLC and Imperial Capital, LLC, as dealer managers, in connection with an exchange of up to $80.45 million aggregate principal amount of 10.5%/11.25% Senior PIK Toggle Notes due 2019 for cash and warrants issued by Jack Cooper Enterprises, Inc. (“Jack Cooper”). Jack Cooper is a transportation and other logistics […]

Logan’s Roadhouse’s Chapter 11 Bankruptcy Proceedings

Simpson Thacher represented JPMorgan Chase Bank, N.A., as the administrative agent for the first lien revolving lenders in the Chapter 11 bankruptcy proceedings of Logan’s Roadhouse, Inc. (the “Company”). The Company emerged from Chapter 11 on November 23, 2016. The Company’s confirmed Chapter 11 Plan (“Plan”) provided for a deleveraging of its balance sheet via […]

Tesoro Logistics’ $750 Million Senior Notes Offering

Simpson Thacher recently represented Tesoro Logistics LP (“TLLP”) in its issuance and sale of $750 million aggregate principal amount of 5.25% Senior Notes due 2025. TLLP will use the proceeds from the offering to repay indebtedness outstanding under its dropdown credit facility. TLLP is a fee-based, growth-oriented master limited partnership formed by Tesoro Corporation to […]