The Firm recently represented Barclays Capital Inc. in connection with InterDigital, Inc.’s offering of $230 million aggregate principal amount of 2.50% Senior Convertible Notes due 2016.
In addition, the Firm represented Barclays Bank PLC, acting through its agent, Barclays Capital Inc., in connection with convertible note hedge transactions and warrant transactions relating to shares of common stock of InterDigital, Inc., entered into concurrently with such note offering.
InterDigital provides advanced technologies that enable wireless communications. Since its founding in 1972, InterDigital has designed and developed a wide range of innovations that are used in digital cellular and wireless products and networks, including 2G, 3G, 4G and IEEE 802-related products and networks.
The Simpson Thacher team included William Brentani, Roxane Reardon, Ryan Coombs, Ryan Nolan, Lia Toback and Kate Yoon (Capital Markets); Joyce Xu, Solomon Bashi, Alina Casner and Matthew Rogers (Derivatives); Jeff Ostrow and Keren Siman-Tov (IP); Marcy Geller and Seojung Park (Tax); and Jennie Getsin and Andrew Pagliughi (Blue Sky). Paralegals Jason Mull and Jaime Thai also provided valuable assistance.