The Firm recently represented the initial purchasers, led by J.P. Morgan Securities LLC and BMO Capital Markets Corp. as joint book-running managers, in a Rule 144A offering by B2Gold Corp. of $258.75 million aggregate principal amount of its 3.25% Convertible Senior Subordinated Notes due 2018. The offering closed on August 23, 2013.
B2Gold Corp. is a Canadian-based, mid-tier gold producer with mining operations in Nicaragua and the Philippines, exploration and development projects in Namibia and Colombia, and a portfolio of exploration assets in Nicaragua, the Philippines, Namibia, Colombia, Uruguay and Costa Rica.
The Simpson Thacher team for the transaction included Ryan Bekkerus, Roxane Reardon, Xavier Kowalski, Sunny Cheong and Shannon Itoyama (Capital Markets); Marcy Geller and Michael Cardella (Tax); Michael Isby (Environmental); Jamin Koslowe (Executive Compensation and Employee Benefits); and Andrew Pagliughi (Blue Sky).