Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, in connection with a debut 144A/Regulation S offering of $500 million aggregate principal amount of 9.375% Senior Notes due 2029 by Raising Cane’s Restaurants, L.L.C. (“Raising Cane’s”).
Raising Cane’s serves craveable chicken finger meals in the United States and international markets in 742 company-owned and franchised restaurants.
The Simpson Thacher team included Art Robinson, John O’Connell and Sam Zhu (Capital Markets); Michael Mann (Tax); Marisa Geiger, Rachelle Broida, Sarika Pandrangi and Cara Anstey (Intellectual Property); Pasco Struhs, Warsame Elmi and Matias Botto (Executive Compensation and Employee Benefits); Timothy Gallagher (Real Estate) and Jennie Getsin (Blue Sky). David Turitzin also provided valuable assistance.