EnerSys’s $300 Million Senior Notes Offering


Simpson Thacher represented J.P. Morgan Securities LLC and the other initial purchasers in the offering.

EnerSys (NYSE: ENS) closed its private offering of $300 million aggregate principal amount of 4.375% senior notes due 2027. The Notes were issued at an issue price of 100% of the principal amount.

EnerSys intends to use the proceeds from the notes offering to repay a portion of its revolver borrowings under its existing credit facility.

EnerSys is the world’s largest manufacturer, marketer and distributor of industrial batteries. The company also manufactures, markets and distributes products such as battery chargers, power equipment, battery accessories and outdoor cabinet enclosures. EnerSys sells to customers in over 100 countries around the world.

The Simpson Thacher team included Art Robinson (Picture), David Azarkh and Lisa Zhang (Capital Markets); Rob Holo and Nicole Humphrey (Tax); Michael Isby and Timothy Mulvihill (Environmental); Sarah Razi (Antitrust); Jennifer Neilsson and Richard Malek (Executive Compensation and Employee Benefits); Melanie Jolson (Intellectual Property); Abram Ellis and Joe Betteley (Regulatory); and Jennie Getsin (Blue Sky).

Involved fees earner: David Azarkh – Simpson Thacher & Bartlett; Joseph Betteley – Simpson Thacher & Bartlett; Abram Ellis – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Nicole Humphrey – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Richard Malek – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Jennifer Neilsson – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; Arthur Robinson – Simpson Thacher & Bartlett; Lisa Zhang – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: J.P. Morgan Securities LLC;

Author: Ambrogio Visconti