Simpson Thacher represented PanAmSat Holding Corporation in connection with its $900 million initial public offering of common stock, which closed on March 22, 2005. PanAmSat, acquired in August 2004 by affiliates of Kohlberg Kravis Roberts & Co., The Carlyle Group and Providence Equity Partners, is a leading global provider of video, corporate, Internet, voice and government communications services through its fleet of 23 in-orbit satellites.
The Simpson Thacher team who worked on the offering and related amendment to PanAmSat’s bank credit facilities included Marni Lerner, Joe Kaufman, Dan Kamensky, Jason Gonzalez, Eileen Shin and Pete Gilman (General Corporate and Capital Markets); James Cross, Jennifer Hobbs, Catherine Wang and Courtney Thomas (Credit); Alvin Brown and Michael Richman (Executive Compensation and Employee Benefits); and Steve Todrys and Tom Gray (Tax).