The Firm represented the underwriters, led by J.P. Morgan, Deutsche Bank Securities and Morgan Stanley, in a public offering of $250 million of 6.75% Senior Notes due 2044 by Domtar Corporation. The Notes are guaranteed by certain subsidiaries of Domtar Corporation.
Domtar Corporation will use the net proceeds of the debt offering to pay a portion of the purchase price for its acquisition of all of the outstanding capital stock of privately-held Laboratorios Indas, SAU, a leading branded incontinence products manufacturer and marketer in Spain.
Domtar Corporation designs, manufactures, markets and distributes a wide variety of fiber-based products, including communication papers, specialty and packaging papers, and adult incontinence products. It is the largest integrated marketer and manufacturer of uncoated freesheet paper in North America.
The Simpson Thacher team for this transaction included, among others, John D. Lobrano, Frank Kwok and Jim Russell (Capital Markets), Jonathan Cantor and Devin Heckman (Tax), Timothy Mulvihill (Environmental) and Andrew Pagliughi (Blue Sky).