The Firm recently represented the initial purchasers, led by J.P. Morgan, Credit Suisse, Morgan Stanley and Barclays, in the offering of $750 million of 7.000% Senior Notes due 2020 by The ServiceMaster Company pursuant to Rule 144A and Regulation S.
With a global network of more than 6,900 company-owned, franchise and licensed locations, ServiceMaster is one of the world’s largest residential and commercial service networks. The company’s brands are TruGreen, Terminix, American Home Shield, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. The company provides services in termite and pest control, residential and commercial lawn, tree and shrub care, home warranties, furniture repair, home inspections, residential and commercial cleaning and disaster restoration.
The Simpson Thacher team for this transaction included John Ericson, Reece Hunt and Brittany McCants (Capital Markets); Andrew Purcell and Adam Wells (Tax); Timothy Mulvihill (Environmental); Aimee Adler and Jeannine McSweeney (Executive Compensation & Employee Benefits); Samantha Himelman (Intellectual Property); Steven DeLott (Insurance); and Andrew Pagliughi (Blue Sky).