Simpson Thacher Represents Underwriters in $550 Million Note Offering by Avnet, Inc.
03.29.16
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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 Avnet, Inc. of an aggregate principal amount of $550 million of 4.625% Notes due 2026.
Avnet, Inc. is a global value-added distributor of electronic components, enterprise computer and storage products, IT solutions and services and embedded subsystems.
The Simpson Thacher team for the transaction included Risë B. Norman, Siobhan Lam, Brenda Hwang and Jacob Agi (Capital Markets); Jonathan Cantor and Taylor Alexander (Tax); Michael Isby (Environmental); Linda Nyberg (Intellectual Property); and Jennie Getsin (FINRA and Blue Sky).