The Firm represented special purpose subsidiaries of Vertical Bridge Holdings, LLC in connection with a Rule 144A/Reg S offering of $196 million of aggregate principal amount of Series 2016-2 Secured Tower Revenue Notes led by Guggenheim Securities.
Vertical Bridge is an owner and operator of wireless communications infrastructure in the United States and manages over 45,000 tower, rooftop, billboard, utility attachment and other site locations in support of all wireless network deployments.
The Simpson Thacher team included Laura Palma, John Schueller, Tony Rim and Robert Kelley (Securities); Brian Gluck and Amy Ward (Banking and Credit); Jonathan Pall (Collateral); John Creed, Jonathan Cantor and Taylor Alexander (Tax); Jeanne Annarumma (ERISA); Krista McManus and Dennis Loiacono (Real Estate); and Michael Isby and Timothy Mulvihill (Environmental).