The Firm represented the underwriters led by J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated in connection with a registered offering by Automatic Data Processing, Inc. of an aggregate principal amount of $1 billion of 2.25% Senior Notes due 2020 and $1 billion of 3.375% Senior Notes due 2025.
Automatic Data Processing, Inc., or ADP, is a pioneer in business process outsourcing. ADP is one of the world’s leading providers of human capital management solutions to employers, offering solutions to businesses of all sizes, whether they have simple or complex needs. ADP serves more than 630,000 clients in more than 100 countries, employing approximately 55,000 people.
The Simpson Thacher team for the transaction included Joseph H. Kaufman, Alejandro de Ramon-Laca, Alexander Lebow, Katherine X. Chen and Summer Associate Eric West (Capital Markets); Jonathan Cantor, Taylor Alexander and George Davis (Tax); and Jennie Getsin (FINRA and Blue Sky).