The Firm represented the underwriters led by Wells Fargo Securities, LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc. in connection with a registered offering of $750 million aggregate principal amount of 5.25% notes due 2033 of Tractor Supply Company (“Tractor Supply”).
Tractor Supply is a publicly traded company headquartered in Brentwood, Tennessee, and is the largest rural lifestyle retailer in the United States. Focused on supplying the needs of recreational farmers, ranchers and all those who enjoy living the rural lifestyle, Tractor Supply stores are located primarily in towns outlying major metropolitan markets and in rural communities. Tractor Supply also owns and operates Petsense, LLC, a small-box retailer focused on meeting the needs of pet owners, primarily in small and mid-sized communities, offering a variety of pet products and services. Tractor Supply also recently acquired Orscheln Farm and Home, LLC.
The Simpson Thacher team for the transaction included Risë Norman, Sean Dougherty and Sydney Mark (Capital Markets); Toby Chun and Noreen Lavan (Environmental); Pasco Struhs and Ryan Kenny (Executive Compensation and Employee Benefits); Bobbie Burrows (Intellectual Property); Jonathan Cantor (Tax); and Jennie Getsin (FINRA).