The Firm represented joint book-running managers, J.P. Morgan and Jeffries & Company, and the other Initial Purchasers in connection with the issuance by Edgen Murray Corporation of $465 million aggregate principal amount of 12 ¼% Senior Secured Notes due 2015. This transaction closed on December 23, 2009.
Edgen Murray is a leading global industrial distributor of specialty steel products primarily to the oil and gas, power, petrochemical and civil construction markets and is controlled by Jeffries Capital Partners.
The Simpson Thacher team for the offering included Rhett Brandon, Patrick Baron, Edgar Lewandowski, Juan Naveira, Homin Lee and Diona Park (Capital Markets); Erik Hepler (Collateral/UCC); Lori Lesser and Marcela Robledo (Intellectual Property); Morris Massel (Credit); Jean Annarumma (Executive Compensation and Employee Benefits); Jonathan Cantor and Chang Won Choi (Tax); and Mardi Merjian (Real Estate).
Paralegals Michael Riordan, Kimberly Solomon and Alan Stein also provided valuable assistance.