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