Simpson Thacher Represented the Underwriters in a 1,684,507 Share Equity Offering by Westmoreland Coal Company
07.21.14
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Simpson Thacher advised the underwriters on a 1,684,507 share equity offering by Westmoreland Coal Company (“Westmoreland”). BMO Capital Markets and Deutsche Bank Securities were the joint book-running managers for the offering.
Westmoreland is the oldest independent coal company in the United States. Westmoreland’s existing coal operations include sub-bituminous coal mining in the Powder River Basin in Montana and Wyoming, and lignite mining operations in Montana, North Dakota and Texas.
The Simpson Thacher team included Risë Norman, Lauren Shohat and Kara Sharkey (Capital Markets); Michael Cardella (Tax); Adeeb Fadil and Noreen Lavan (Environmental); David Rubinsky, Paul Koppel and Patricia Adams (Executive Compensation and Employee Benefits); Jennie Getsin (Blue Sky); and George Wang, Andrew Winerman and Katelyn Benton (OFAC).