Central Garden & Pet’s $300 Million Debt Offering

Simpson Thacher represented the underwriters led by joint bookrunning managers Merrill Lynch, Pierce, Fenner & Smith Incorporated, SunTrust Robinson Humphrey, Inc. and BMO Capital Markets Corp. in the public offering of $300 million aggregate principal amount of 5.125% Senior Notes due 2028 of Central Garden & Pet Company (“Central”).

The offering closed on December 14, 2017. Central intends to use the net proceeds from this offering to finance acquisitions of businesses that its board of directors determines are suitable and for general corporate purposes.

Central is a leading innovator, producer and distributor of branded and private label products for the lawn & garden and pet supplies markets in the United States.

The Simpson Thacher team for the transaction included David Azarkh (Picture), Rodrigo Surcan dos Santos and Ashleigh Taylor (Capital Markets); Jonathan Cantor and Morgan Otway (Tax); Jeanne Annarumma and Madeline Sprung-Keyser (Benefits); Tim Mulvihill (Environmental); Amber Harezlak (IP); and Jennie Getsin (Blue Sky/FINRA).

Involved fees earner: David Azarkh – Simpson Thacher & Bartlett; Rodrigo Surcan dos Santos – Simpson Thacher & Bartlett; Ashleigh Taylor – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Morgan Otway – Simpson Thacher & Bartlett; Jeanne Annarumma – Simpson Thacher & Bartlett; Madeline Sprung-Keyser – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Amber Harezlak – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Merrill Lynch, Pierce, Fenner & Smith Incorporated; SunTrust Robinson Humphrey, Inc.; BMO Capital Markets;


Author: Ambrogio Visconti