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Simpson Thacher represented Nu Skin Enterprises, Inc. (NYSE: NUS) in connection with a $210 million strategic investment in Nu Skin from Ping An ZQ China Growth Opportunity Limited (“Ping An ZQ”), pursuant to which Ping An ZQ purchased 4.75% Convertible Senior Notes due 2020. Ping An ZQ’s investors consists of a consortium of Chinese investors led by Ping An of China Securities (Hong Kong) Company Ltd. and a group of additional investors affiliated with ZQ Capital Limited. Nu Skin will use the proceeds to repurchase common stock and invest in its China operations.

Nu Skin develops and distributes innovative consumer products, offering a comprehensive line of premium-quality beauty and wellness solutions in more than 50 markets worldwide.

The Simpson Thacher team included Kevin Kennedy, Chad Skinner, Kelli Schultz, Ayal Bainvoll and Drew Simon-Rooke (Corporate); and  Brian Steinhardt and Christian Fischer (Credit). Summer Associate Harry Stanwyck also provided valuable assistance.