Simpson Thacher represented J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC as initial purchasers of $335,000,000 of 10.75% Senior Secured Notes due 2017, the proceeds of which were used to finance a portion of the acquisition of Logan’s Roadhouse, Inc. by private equity firm Kelso & Company, L.P. The Firm also represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with a new $30,000,000 senior secured revolving credit facility for Logan’s Roadhouse.
Logan’s Roadhouse is a casual dining restaurant chain with 186 owned and 26 franchised locations in 23 states.
The Simpson Thacher team included Art Robinson, Stephan Feder, Marisa Stavenas, Estella Chen, Jeremy Barr and Ariana Cooper (Capital Markets); Patrick Ryan, Bill Sheehan, Stefanie Birkmann, Colette Pollitt, Erik Hepler and Sarah Hong (Credit); Mardi Merjian and Eric Berry (Real Estate); Alvin Brown and Maryam Arfaania (Executive Compensation and Employee Benefits); Jonathan Cantor, Jason Vollbracht and Chang Won Choi (Tax); Lori Lesser and Genevieve Dorment (Intellectual Property); Adeeb Fadil and Noreen Lavan (Environmental); Ed Chung (M&A); Andrew Pagliuighi (Blue Sky); and Jonathan Pall and Alan Stein (UCC). Paralegals Matt Dresher, Kate Elkin, Madeline Sarason and Stephen Scanlon also provided valuable assistance.