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Simpson Thacher Represents Underwriters in Follow-on Offering by Fiduciary/Claymore MLP Opportunity Fund

09.27.13

Simpson Thacher represented the underwriters, led by Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., UBS Securities LLC and RBC Capital Markets, LLC in connection with the public offering by Fiduciary/Claymore MLP Opportunity Fund of 2,850,000 of its common shares of beneficial interest.

 

Fiduciary/Claymore MLP Opportunity Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders. Guggenheim Funds Investment Advisors, LLC serves as the Fund’s adviser and Advisory Research, Inc. serves as the Fund’s sub-adviser.

 

The Simpson Thacher team for the transaction included, among others, Sarah Cogan, Jeremy Barr and Ryan Castillo (Capital Markets), Jon Cantor and Devin Heckman (Tax) and Jennie Getsin (FINRA and Blue Sky).