Simpson Thacher recently represented the initial purchasers, led by J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC, RBC Capital Markets, LLC and Barclays Capital Inc., in connection with the private placement of $520 million aggregate principal amount of 5.875% senior notes due 2024 issued by a subsidiary of Lions Gate Entertainment Corp. (“Lions Gate”) to finance in part Lions Gate’s acquisition of Starz.
Lions Gate is one of the largest independent producers of motion pictures and television programming in the world with major box-office franchises and platform defining hits for television. Starz is a leading global media and entertainment company that provides premium subscription video programming, complemented by on-demand and over the top services.
The Simpson Thacher team included William Brentani, Daniel Webb, Ryan Coombs, Kate Bai and Casey Corr (Capital Markets); Marcela Robledo (Intellectual Property); and Tanvi Mirani (Tax).