The Firm represented the underwriters led by joint bookrunning managers J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and SunTrust Robinson Humphrey, Inc. in the public offering of $400 million aggregate principal amount of 6.125% Senior Notes due 2023 of Central Garden & Pet Company (“Central”). The offering closed on November 9, 2015. Central intends to use the net proceeds from this offering to redeem its outstanding 8.25% senior subordinated notes due 2018.
Central is a leading innovator, marketer and producer of quality branded products, and distributor of third-party products in the pet and lawn and garden supplies industries in the United States.
The Simpson Thacher team for the transaction included Rhett Brandon, Art Robinson, David Azarkh, Emily Nagle and Jeff Levine (Capital Markets); Jonathan Cantor and George Davis (Tax); Jeanne Annarumma and Samantha Steinfeld (Benefits); Tim Mulvihill (Environmental); Michelle Morad (IP); and Jennie Getsin (Blue Sky/FINRA). Andrew Hwang (Corporate) also provided invaluable assistance.