Simpson Thacher Represents J.P. Morgan Securities LLC, Morgan Stanley Senior Funding, Inc. and other Arrangers in Connection with $1.425 Billion Acquisition Financing for Lightower Fiber Networks and Sidera Networks
04.12.13
This is only gets display when printing
Simpson Thacher recently represented J.P. Morgan Securities LLC, Morgan Stanley Senior Funding, Inc. and the other Arrangers in connection with a $1.225 billion First Lien Credit Agreement and a $200 million Second Lien Credit Agreement in connection with the acquisition of Lightower Fiber Networks and Sidera Networks by an investor group led by the Boston-based investment firm Berkshire Partners. In connection with the acquisition, both entities, which offer fiber-based networking solutions comprised of Ethernet, dark fiber, wavelengths, Internet access, private networks and colocation services throughout the Northeast, Mid-Atlantic and Midwest, were merged into a combined company.
The Simpson Thacher team for this transaction included James T. Knight, Christian Fischer and Paul Rodriguez (Banking and Credit); Lesley Peng and Jona Lundborg (Capital Markets), Edward Chung (Corporate), Devin Heckman (Tax), Mardi Merjian (Real Estate), Janet Nadile and Jonathan Pall (UCC) and Marcela Robledo (IP).