RELX’s $700 Million Notes Offering


Simpson Thacher represented RELX Capital Inc. (“RELX”) in connection with a public offering of $700 million aggregate principal amount of its 3.5% notes due 2023.

The notes are fully and unconditionally guaranteed jointly and severally by the parent companies of the RELX Group. BofA Merrill Lynch, Citigroup, Morgan Stanley and SMBC Nikko are the joint bookrunning managers for the offering.

RELX is a global provider of information and analytics for professional and business customers across industries. RELX serves customers in more than 180 countries and has offices in about 40 countries. RELX operates in four market segments: Scientific, Technical & Medical, a global information and analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity; Risk & Business Analytics, which provides customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency; Legal, a leading global provider of legal, regulatory and business information and analytics that helps customers increase productivity, improve decision-making and outcomes and advance the rule of law around the world; and Exhibitions, the world’s leading events business, enhancing the power of face-to-face through data and digital tools at over 500 events a year, in more than 30 countries, attracting more than seven million participants. The company, led by Erik Nils Engstrom, Nicholas Luff and Henry A Udow, in 2017 recorded £736 Million Revenues.

The Simpson Thacher team for this transaction included Mark Brod (Picture) and Eva Kang (Capital Markets); Rob Holo, Jacqueline Clinton and Nicole Humphrey (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).

Involved fees earner: Mark Brod – Simpson Thacher & Bartlett; Eva Yunjeong Kang – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Jacqueline Clinton – Simpson Thacher & Bartlett; Nicole Humphrey – Simpson Thacher & Bartlett; Jeanne Annarumma – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: RELX Group plc;