The Firm recently represented ZoomInfo Technologies Inc. (“ZoomInfo”) in connection with the inaugural Rule 144A/Regulation S offering by ZoomInfo Technologies LLC and ZoomInfo Finance Corp., indirect subsidiaries of ZoomInfo, of $350 million aggregate principal amount 3.875% Senior Notes due 2029. ZoomInfo used the net proceeds of the offering and cash on hand to repay a portion of outstanding indebtedness under its first lien term loan facility.
The Firm also represented ZoomInfo in connection with an amendment to its existing first lien credit agreement providing for, among other things, an increase in the aggregate commitments to $250 million under the revolving credit facility, the addition of ZoomInfo Technologies LLC as co-borrower, a repricing of the first lien term loan facility and revolving credit facility and an extension of the maturity date of the revolving credit facility to November 2, 2025.
ZoomInfo (NASDAQ: ZI) is a leading go-to-market intelligence platform for sales and marketing teams. Its platform delivers comprehensive and high-quality intelligence and analytics on approximately 14 million companies. Its software, insights and data enable over 17,000 companies to sell and market more effectively and efficiently.
The Simpson Thacher team included Richard Fenyes, Sung Bum Cho, Catherine Ciriello and Lauren Maxfield (Capital Markets); Brian Steinhardt and Michael Paparozzi (Banking and Credit); Andrew Purcell, Jasmine Hay and Abigail Hopper (Tax); Jamin Koslow and Alyssa Ohanian (Executive Compensation and Employee Benefits); and Melanie Jolson (Intellectual Property).