The Firm represented Genesee & Wyoming Inc. (NYSE: GWR), a short line and regional railroad company with operations in North America, Europe and Australia, in connection with concurrent registered offerings of 4,025,000 shares of Class A common stock and 2,300,000 5.00% Tangible Equity Units (including in the case of the common stock, 233,996 shares offered by a selling stockholder, and in the case of the common stock and the Tangible Equity Units, the underwriters’ full exercise of their over-allotment options), which resulted in aggregate gross proceeds of approximately $475 million. Genesee & Wyoming intends to the net proceeds from the offerings to partially fund its recently announced acquisition of RailAmerica, Inc., the leading short line railroad operator in North America.
The Simpson Thacher team included Marisa Stavenas, Roxane Reardon, A.J. Kess, Frank Kwok, Vanessa Clark and Nicole Tague (Capital Markets), Anthony Vernace and Shabarika Ajitkumar (Mergers & Acquisitions), Jonathan Lindabury, Qian Lisa Wang and Chris Vena (Derivatives), Adeeb Fadil and Noreen Lavan (Environmental), Marcy Geller, Seojung Park and Vanessa Cohen (Tax), Krista McManus and Alison Fagen (Real Estate), Jamin Koslowe and Sarah Dale (Executive Compensation and Employee Benefits) and Lori Lesser, Aditya Basrur and Jodie Sopher Pimentel (Intellectual Property).
