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Alliant Completes $1.7 Billion Senior Secured and Unsecured Notes Offerings and An Approximately $3.9 Billion Term Loan Facility Refinancing and Upsize and Extension of its $750 Million Revolving Credit Facility

09.25.24

Simpson Thacher represented Morgan Stanley and the other initial purchasers in connection with offerings by subsidiaries of Alliant Holdings, L.P. (“Alliant”) of $1 billion aggregate principal amount of 6.500% Senior Secured Notes due 2031 and $700 million aggregate principal amount of 7.375% Senior Notes Due 2032 pursuant to Rule 144A and Regulation S. The firm has also represented JPMorgan, Morgan Stanley and the other lenders in connection with an approximately $3.9 billion refinancing of Alliant’s senior secured term loan facility and a $200 million upsize and extension of Alliant’s revolving credit facility.

Alliant 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, Ben Carson, John Strubing, Emily Anne Owen and Sean Xu (Capital Markets); Justin Lungstrum, Dennis Durkin, Abdul Fasinro and Roey Vardi (Banking and Credit); Jon Pall (Collateral); Courtney Welshimer (Intellectual Property); Steve DeLott (Insurance); Jonathan Cantor, Michael Mann and Adam Hersch (Tax); Jeanne Annarumma and Guanxiong Xu (Executive Compensation and Employee Benefits); and Andrew Pagliughi (Blue Sky).