News & Events

The Firm recently represented the initial purchasers in connection with InterDigital, Inc.’s (“InterDigital”) offering of $316 million aggregate principal amount of 1.50% Senior Convertible Notes due 2020, which includes the full exercise of an overallotment option of $41 million aggregate principal amount of notes. Barclays Capital Inc. and Goldman, Sachs & Co. acted as joint bookrunning managers for the notes offering. B. Riley & Co., LLC and Cowen and Company, LLC acted as co-managers.  The notes offering closed on March 11, 2015.

In addition, the Firm represented Barclays Capital Inc. and Goldman, Sachs & Co. and their respective affiliates in connection with convertible bond-hedge transactions and warrant transactions relating to shares of common stock of InterDigital, entered into concurrently with such notes offering. 

InterDigital develops wireless technologies that are at the core of mobile devices, networks, and services worldwide. InterDigital solves many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies.

The Simpson Thacher team included William B. Brentani, E. Ryan Coombs, Wenli Cai, Stephanie Richards and Andrew Simon-Rooke (Capital Markets); Joyce Xu, Andrew Des Rault and Jivaji More (Derivatives); Jason Vollbracht and Noah Metz (Tax); Marcela Robledo, Christopher James and Michelle Morad (Intellectual Property); and Jennie Getsin (Blue Sky).