Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, in connection with Deluxe Corporation’s (“Deluxe”) offering of $200.0 million aggregate principal amount of 6.000% Senior Notes due 2020 pursuant to Rule 144A and Regulation S. The proceeds from the notes offering were used to fund a cash tender offer for any or all of Deluxe’s outstanding $200.0 million 7.375% Senior Notes due 2015. Simpson Thacher also represented J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC in their capacity as dealer managers in the concurrent tender offer.
Through various businesses and brands, Deluxe helps small businesses and financial institutions better grow, operate and protect their businesses. Four million small business customers access Deluxe’s wide range of products and services including customized checks and forms as well as web-site development and hosting, search engine marketing, search engine optimization, logo design and business networking. For financial institutions, Deluxe offers industry-leading programs in checks, customer acquisition, regulatory compliance, fraud prevention and profitability. Deluxe is also a leading printer of checks and accessories sold directly to consumers.
The Simpson Thacher team included Lesley Peng, Katerina Kousoula, Yue Zhang and Jonathan Stradling (Capital Markets); Jonathan Cantor and Adam Wells (Tax); Aimee Adler and Jennifer McGroarty (Executive Compensation & Employee Benefits); Mike Isby (Environmental); and Jennie Getsin (Blue Sky).
