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 […]

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 […]

Teradyne’s $460 Million Senior Convertible Notes Offering

Simpson Thacher represented the initial purchasers, led by Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, in the offering of $460 million aggregate principal amount of 1.25% Senior Convertible Notes due 2023 by Teradyne, Inc., which includes the full exercise of the initial purchasers’ overallotment option. The net proceeds were used to […]

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 […]

Northwest Natural Gas Company’s $55.3 Million Offering of Common Stock and $150 Million Offering of Medium-Term Notes

Simpson Thacher represented the underwriters, led by Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and RBC Capital Markets, LLC, in an offering by Northwest Natural Gas Company (“NW Natural”) of approximately $55.3 million of common stock. The shares are listed on the New York Stock Exchange. In addition, Simpson Thacher recently represented the agents, […]

Columbus McKinnon’s Acquisition of STAHL CraneSystems

Simpson Thacher has advised J.P. Morgan Securities LLC as lead financial advisor to Columbus McKinnon Corporation (NASDAQ: CMCO) in its proposed all-cash acquisition of STAHL CraneSystems, a business of Konecranes PLC. STAHL CraneSystems is a leading manufacturer of explosion-protected hoists and crane components and is well known for its custom engineering of lifting solutions and […]

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 […]

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 […]

Associated Materials’ $675 Million Senior Secured Notes Offering

Simpson Thacher represented Associated Materials, LLC (“Associated Materials”) in connection with an offering of $675 million aggregate principal amount of 9% senior secured notes due 2024. Associated Materials used the net proceeds from the notes to refinance a portion of its existing indebtedness. In addition, the Firm represented Associated Materials in connection with the amendment […]