The Firm represented Garda World Security Corporation (“GardaWorld”) in an offering of US$120 million additional aggregate principal amount of 4.625% Senior Secured Notes due 2027. The notes were issued as additional notes under an indenture pursuant to which GardaWorld previously issued US$450 million aggregate principal amount of 4.625% Senior Secured Notes due 2027. The offering was conducted in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended.
GardaWorld intends to use the proceeds from the offering for general corporate purposes, which may include acquisitions.
GardaWorld is the largest privately owned security services and cash services company in the world, offering physical security services, end-to-end cash management solutions and security risk management, with Crisis24. A partner of choice for private companies, governments, humanitarian organizations and multinationals, GardaWorld employs more than 102,000 highly skilled, dedicated professionals who serve a diverse clientele in North America, Africa, Asia and the Middle East.
The Simpson Thacher team for the transaction includes Ken Wallach, Brian E. Rosenzweig, Lisa Zhang and Elise Quinones (Capital Markets); Eli Isak, Leah Nudelman and Michael Ratay (Credit); Jon Pall (Collateral); Jon Cantor and Sophie Staples (Tax); Jeannine McSweeney (Executive Compensation & Employee Benefits); Melanie Jolson (Intellectual Property); and Michael Isby (Environmental).