Vertical Bridge’s $72.2 Million Asset-Backed Notes Offering


Simpson Thacher represented special purpose subsidiaries of Vertical Bridge Holdings, LLC in connection with a Rule 144A/Reg S offering of $72.2 million aggregate principal amount of Series 2018-2 Secured Tower Revenue Notes.

Vertical Bridge is an owner and operator of communications towers and locations in the United States and owns, operates and master leases over 134,000 tower, rooftop, billboard, utility attachment and other site locations in support of wireless network deployments.

The Simpson Thacher team included John Schueller (Picture), Robert Kelley and Crystal Oparaeke (Securities); Janet Nadile (Collateral); John Creed, Jonathan Cantor and Sarah Katz (Tax); Jeanne Annarumma (ERISA); and Krista McManus and Dennis Loiacono (Real Estate).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; John Creed – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett; Robert Kelley – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Janet Nadile – Simpson Thacher & Bartlett; Crystal Oparaeke – Simpson Thacher & Bartlett; John Schueller – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Vertical Bridge;

Author: Ambrogio Visconti