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Simpson Thacher’s Work on First Data IPO Highlighted in Law360
11.03.15
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The Firm’s representation of First Data Corporation in connection with its initial public offering, which raised approximately $2.8 billion of proceeds, was featured in Law360 this month. The offering is the largest U.S. IPO to date in 2015. The deal reflects the long-standing relationship between the Firm and First Data. Since the company went private in 2007, Simpson Thacher has advised First Data on a $3.5 billion private equity placement by KKR and a $3.4 billion bond offering. Corporate Partner Richard Fenyes, who guided the IPO along with Corporate Partner Joe Kaufman, commented, "By the time we get to work on the IPO, we have a much deeper relationship with the client.”
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