Simpson Thacher represented the Underwriters, led by J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Agricole Securities (USA) Inc., Citizens Capital Markets, Inc., MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., TD Securities (USA) LLC, BBVA Securities Inc. and BB&T Capital Markets, a division of BB&T Securities, LLC, in a registered offering of $400 million 5.875% Senior Notes due 2025 by Covanta Holding Corporation.
Covanta is one of the world’s largest owners and operators of infrastructure for the conversion of waste to energy, and also owns and operates related waste transport and disposal and other renewable energy production businesses.
The Simpson Thacher team for this transaction included Risë Norman, Rodrigo Surcan dos Santos, Eva Kang and Clark Warthen (Capital Markets); Jeanne Annarumma and Jeannine McSweeney (Executive Compensation and Employee Benefits); Brian Chisling (FERC); George Davis (Tax); Michael Isby (Environmental); and Andrew Pagliughi (Blue Sky).