Simpson Thacher Represents MDC Partners Inc. in Add-on Issuance of High-Yield Notes
05.18.10
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Simpson Thacher represented MDC Partners Inc. (“MDC”) in connection with a Rule 144A/Regulation S offering of $65 million aggregate principal amount of its 11% Senior Notes due 2016, fully and unconditionally guaranteed by all of its wholly owned subsidiaries. The initial purchasers were led by Goldman, Sachs & Co. The notes were issued as additional notes under an existing indenture, pursuant to which MDC issued $225 million aggregate principal amount of 11% Senior Notes due 2016 in October 2009. The notes offering closed on May 14, 2010.
MDC Partners is a progressive Marketing and Communications Network, championing the most innovative entrepreneurial talent.
The Simpson Thacher team included: Risë Norman, Lia Toback and Wei Guo (Capital Markets); Jonathan Cantor and Jennifer Klein (Tax); Mindy Lok (Intellectual Property); and Jeanne Annarumma, Jamin Koslowe and Eric Sarabia (Executive Compensation and Employee Benefits). Paralegal Alexandra Greene also provided valuable assistance.