BlocFinancial’s $500 Million Senior Notes Offering

Simpson Thacher represented the underwriters in the offering.

H&R Block executed its $500 million senior notes offering.

The underwriters included BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., BMO Capital Markets Corp., Fifth Third Securities, Inc., RBC Capital Markets, LLC and Wells Fargo Securities, LLC.

The net proceeds of the offering will be used for general corporate purposes which may include, among other uses, redeeming Block Financial LLC’s outstanding 5.5% Notes due 2022.

H&R Block (NYSE: HRB) provides global tax preparation, financial services and small business solutions primarily in the United States, and also in Canada and Australia. 

The Simpson Thacher team included John C. Ericson (Picture) and Evan L. Kenyon (Capital Markets); Jonathan Cantor and Suzy Yaster (Tax); Genevieve Dorment (IP); Jennifer Neilsson (ECEB); and Jennie Getsin (FINRA/Blue Sky).

Involved fees earner: Jonathan Cantor – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; John Ericson – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; Evan L. Kenyon – Simpson Thacher & Bartlett; Jennifer Neilsson – Simpson Thacher & Bartlett; Susan Yaster – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Bank of America Securities; BMO Capital Markets; Fifth Third Securities, Inc.; J.P. Morgan Securities LLC; PNC Capital Markets LLC; RBC Capital Markets; TD Securities; Truist Securities Inc. ; U.S. Bancorp Investments; Wells Fargo Securities;

Author: Martina Bellini