Simpson Thacher represented the initial purchasers, led by Morgan Stanley & Co. LLC, Barclays Capital Inc. and Goldman, Sachs & Co., in connection with the 144A/Reg S offering by Smithfield Foods, Inc. of $1.4 billion of senior notes over three tranches. The senior notes are guaranteed by certain of Smithfield’s U.S. subsidiaries.
Smithfield Foods, Inc. is a global food company and the world's largest pork processor and hog producer. In the United States, the company is also a leader in numerous packaged meats categories with popular brands including Smithfield®, Eckrich®, Nathan's Famous®, Farmland®, Armour®, John Morrell®, Cook's®, Kretschmar®, Gwaltney®, Curly's®, Margherita®, Carando®, Healthy Ones®, Krakus®, Morliny® and Berlinki®.
The Simpson Thacher team included Art Robinson, Brian E. Rosenzweig, Patrick Baron and Sarah Pelham (Capital Markets); Jon Cantor and Jodi Schneider (Tax); Adeeb Fadil and Louise Kruger (Environmental); Marcela Robledo and Ryan Kasdin (IP); Jeanne Annarumma and Jennifer Pepin (ECEB); and Jennie Getsin (Blue Sky). Niyati Roy also provided valuable assistance.