CommScope’s $700 Million Senior Notes Offering

Simpson Thacher represented the initial purchasers in the offering.

CommScope, Inc. executed its offering of $700 million aggregate principal amount of 7.125% Senior Notes due 2028. The net proceeds of the notes offering, together with cash on hand, were used to (i) redeem and retire all of CommScope’s Senior Notes due 2021, (ii) redeem and retire all of CommScope’s Senior Notes due 2024 and (iii) pay fees and expenses related to the foregoing.

CommScope, Inc., a subsidiary of CommScope Holding Company, Inc., is a global provider of infrastructure solutions for communication and entertainment networks.

J.P. Morgan Securities LLC, BofA Securities, Inc., Deutsche Bank Securities Inc., Mizuho Securities USA LLC, U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Regions Securities LLC, SMBC Nikko Securities America, Inc. and TCG Capital Markets L.L.C. acted as initial purchasers for the offering.

The Simpson Thacher team for the initial purchasers included Art Robinson (Picture), Jonathan Ozner, Benjamin Heriaud, Cristina Liebolt, Evan Hunt and Jesse Schulman (Capital Markets); Jonathan Cantor and Jasmine Hay (Tax); Larry Moss and Caitlin Lucey (Executive Compensation and Employee Benefits); Timothy Mulvihill (Environmental); Melanie Jolson (Intellectual Property); and Andrew Pagliughi (Blue Sky).

Involved fees earner: Jonathan Cantor – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Benjamin Heriaud – Simpson Thacher & Bartlett; Evan Hunt – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Cristina Liebolt – Simpson Thacher & Bartlett; Caitlin Lucey – Simpson Thacher & Bartlett; Laurence Moss – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Jonathan Ozner – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett; Arthur Robinson – Simpson Thacher & Bartlett; Jesse Schulman – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Bank of America Securities; BNP Paribas Securities; Citigroup Global Markets Ltd; CommScope Inc.; Deutsche Bank Securities; Goldman Sachs & Co.; J.P. Morgan Securities LLC; Mizuho Securities; Regions Securities LLC; SMBC Nikko Securities America; TCG Capital Markets; U.S. Bancorp Investments; Wells Fargo Securities;

Author: Ambrogio Visconti