E. D. Armstrong, III and Katherine E. Cole Join Hill Ward Henderson

E.D. Armstrong, III has joined Hill Ward Henderson as a Shareholder in the Real Estate Group. His practice is comprised of representing clients involved in complex land use matters and governmental relations. Mr. Armstrong has handled several highly contested zoning and land use hearings to a successful conclusion. He has represented clients in high profile interactions with local governments in the Tampa Bay area. Mr. Armstrong joins the firm from Johnson, Pope, Bokor, Ruppel & Burns, LLP, where he served as a shareholder for 27 years.

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Simpson Thacher Represents Associated Materials, LLC in $100 Million Senior Secured Notes Offering

Simpson Thacher represented Associated Materials, LLC (“Associated Materials”) and its co-issuer in connection with an offering of $100 million aggregate principal amount of 9.125% senior secured notes due 2017. The notes were issued as additional notes under the same indenture governing $730 million of existing senior secured notes. Associated Materials used a portion of the net proceeds from the notes to repay all of the outstanding borrowings under its senior secured asset-based revolving credit facilities and intends to use the remaining net proceeds for other general corporate purposes.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents the Underwriters in an Offering of $275 Million of Preferred Stock by Aspen Insurance Holdings Limited

The Firm represented the underwriters, led by Barclays Capital Inc., Citigroup Global Markets Inc. and Goldman, Sachs & Co. as joint book-running managers, in connection with a registered offering of 11,000,000 shares of 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of Aspen Insurance Holdings Limited, representing $275,000,000 in aggregate liquidation preference. The offering closed on May 2, 2013.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents JPMorgan in connection with Asset-Based Credit Facilities for Momentive Specialty Chemicals Inc. and Momentive Performance Materials Inc.

Simpson Thacher recently represented JPMorgan as a lead arranger and administrative agent in connection with a new $400 million senior secured asset-based credit facility for Momentive Specialty Chemicals Inc. (“MSC”) and $270 million senior secured asset-based credit facility for Momentive Performance Materials Inc. (“MPM”), each to replace all or part of its respective existing revolving credit facility. The MSC credit facility has US, Canadian, Dutch and English borrowers, and the MPM credit facility has US, Canadian and German borrowers.

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Tags:  Simpson Thacher & Bartlett LLP | New York