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LHMC Finco 2 Completes Offering of Senior Secured PIK Toggle Notes

10.02.19

Simpson Thacher represented LHMC Finco 2 S.à. r.l. (“LHMC Finco 2”) in connection with a Rule 144A and Regulation S offering of €400 million Senior Secured PIK Toggle Notes due 2025. The bond offering closed on October 2, 2019.

The proceeds from the offering were used to make a distribution to shareholders and to pay fees and expenses related to the offering.

LHMC Finco 2 is the owner of Cirsa Gaming and an indirectly owned subsidiary of the Blackstone Group L.P.

The Simpson Thacher team included Gil J. Strauss, Uma Sud, Srishti Gupta and John Loubriel (Capital Markets); Antti I. Pesonen, Kavita Davis and Harriet Bamford (Credit); and Kelli Rivers and Bill Smolinski (Tax).