The Firm represented the initial purchasers, led by J.P. Morgan Securities LLC, in connection with the Rule 144A and Regulation S offering by CommScope, Inc. (“CommScope”), a subsidiary of CommScope Holding Company, Inc., of $700 million aggregate principal amount of 7.125% Senior Notes due 2028. The net proceeds of the notes offering, together with cash on hand, were used to (i) redeem and retire all of CommScope’s Senior Notes due 2021, (ii) redeem and retire all of CommScope’s Senior Notes due 2024 and (iii) pay fees and expenses related to the foregoing.
CommScope is a global provider of infrastructure solutions for communication and entertainment networks.
The Simpson Thacher team for the transaction included Art Robinson, Jonathan Ozner, Benjamin Heriaud, Cristina Liebolt, Evan Hunt and Jesse Schulman (Capital Markets); Jonathan Cantor and Jasmine Hay (Tax); Larry Moss and Caitlin Lucey (Executive Compensation and Employee Benefits); Timothy Mulvihill (Environmental); Melanie Jolson (Intellectual Property); and Andrew Pagliughi (Blue Sky).