Simpson Thacher recently represented the underwriters, led by J.P. Morgan, Morgan Stanley and UBS Investment Bank, in a registered public offering of $350 million principal amount of 2.750% Senior Notes due 2015 and $750 million principal amount of 4.200% Senior Notes due 2020 of Symantec Corporation.
The net proceeds of the offering are being used for general corporate purposes, which may include the repayment of Symantec Corporation’s outstanding 0.75% Convertible Senior Notes due June 15, 2011.
Symantec Corporation is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world.
The Simpson Thacher team for this transaction included Bill Hinman, Philip Davidson, Kelli Schultz and Michael Sullivan (Capital Markets), Dan Foster (Tax), Jeff Ostrow and Keren Siman-Tov (Intellectual Property) and Jennie Getsin (Blue Sky). Paralegal Andrew Schneider provided valuable assistance.