The Firm represented the initial purchasers, led by J.P. Morgan, Morgan Stanley and Wells Fargo Securities, as joint book-running managers, in connection with an offering by Maxim Crane Works, L.P. and Maxim Finance Corporation of $250 million of 12.250% Senior Secured Notes due 2015.
Maxim Crane is a leading U.S. provider of specialized crane services that support critical maintenance and expansion needs of energy-related, infrastructure, industrial and building construction markets.
The Simpson Thacher team for the transaction included, among others, Art Robinson, Edgar Lewandowski, Sean Crnkovich and Jordan Taylor (Capital Markets and Securities), Erik Hepler (Collateral/UCC), Mardi Merjian and Daniel Molina (Real Estate), Aaron Cohen (Tax), Michael Isby and Noreen Lavan (Environmental), Julie Levy (Labor), Greg Grogan and Wonda Quinn (Executive Compensation and Employee Benefits), Katherine Sholly (Intellectual Property), Michael Ledley (Litigation), and Jennie Getsin (FINRA and Blue Sky).