Simpson Thacher represented Morgan Stanley and the other initial purchasers in connection with an offering by subsidiaries of Alliant Holdings, L.P. (“Alliant Insurance”) of $525 million aggregate principal amount of 4.25% Senior Secured Notes due 2027 and $350 million aggregate principal amount of 6.75% Senior Notes due 2027 pursuant to Rule 144A and Regulation S. The 6.75% Senior Notes due 2027 constitute a further issuance of Alliant Insurance’s existing 6.75% Senior Notes due 2027 that were issued in October 2019 and April 2020.
The Firm also represented Morgan Stanley and J.P. Morgan, as the solicitation agents, in connection with a related solicitation of consents from the holders of Alliant Insurance’s 6.75% Senior Notes due 2027.
Alliant Insurance is a specialty-oriented, middle-market insurance brokerage organization providing property and casualty and employee benefits products and services on a national scale.
The Simpson Thacher team included Mark Brod, Risë Norman, John O’Connell, Elise Quinones and Lauren Maxfield (Capital Markets); Justin Lungstrum and Arman Naraghi-Pour (Banking and Credit); Jon Pall (Collateral); Steve DeLott (Insurance); Jonathan Cantor and Abigail Hopper (Tax); Jeanne Annarumma and Eric Wolf (Executive Compensation and Employee Benefits); Melanie Jolson (Intellectual Property); and Andrew Pagliughi (Blue Sky).