Simpson Thacher Represents Merrill Lynch and Other Underwriters in Denbury Resources Inc.’s $1.2 Billion Senior Subordinated Notes Offering, Related Tender Offer and Consent Solicitation

The Firm represented the underwriters, led by Merrill Lynch, Pierce, Fenner & Smith Incorporated, in connection with the registered public offering by Denbury Resources Inc. (“Denbury”) of $1.2 billion aggregate principal amount of its 4 5/8% Senior Subordinated Notes due 2023. The net proceeds were used to fund a cash tender offer for all of Denbury’s outstanding 9½% Senior Subordinated Notes due 2016 and 9¾% Senior Subordinated Notes due 2016, to repay borrowings under Denbury’s bank credit facility and for general corporate purposes.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Initial Purchasers in Offering of US$500 Million Senior Notes by JBS S.A.

The Firm recently represented BB Securities Limited, Banco Bradesco BBI S.A., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Santander Investment Securities Inc., as initial purchasers, in a sale of US$500 million of 6.25% Senior Notes due 2023 issued by ESAL GmbH and unconditionally guaranteed by its parent company JBS S.A., a Brazilian corporation, and JBS Hungary Holdings Kft., a wholly owned subsidiary of JBS S.A. The offering was conducted in reliance upon Rule 144A and Regulation S.

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Tags:  Simpson Thacher & Bartlett LLP | Sao Paulo