The Firm recently represented Toll Brothers, Inc. and its subsidiaries in connection with a Rule 144A offering by Toll Brothers Finance Corp. of $250 million aggregate principal amount of 0.50% Exchangeable Senior Notes due 2032 (the “Notes”). The Notes are guaranteed by Toll Brothers, Inc. and certain of its subsidiaries. Toll Brothers Finance Corp. is a wholly owned subsidiary of Toll Brothers, Inc.
Toll Brothers, Inc. designs, builds and arranges financing for single family homes in luxury residential communities. As of July 31, 2012, Toll Brothers Inc. was operating in 20 states in America.
The Simpson Thacher Team included Roxane Reardon, Joseph Kaufman, Jeremy Barr and Jason Pearl (Capital Markets), Marcy Geller, Jonathan Cantor and Chang Won Choi (Tax) and Jeanne Annarumma and Jennifer Pepin (Executive Compensation and Employee Benefits).
