The Firm represented syncreon Global (Ireland) Limited and syncreon Global Finance (US) Inc. as co-issuers, in connection with their issuance and sale of $100 million aggregate principal amount of 9.50% senior unsecured notes due 2018. The notes constitute an issuance of additional notes under the issuers’ existing indenture relating to the issuers’ $300 million aggregate principal amount of 9.50% senior notes due 2018 which were issued in April 2010. J.P. Morgan Securities LLC was the initial purchaser. The notes were offered and sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.
syncreon Holdings Limited, the parent guarantor (“syncreon”), is a global contract logistics and supply chain management company that uses its asset-light business model to provide specialized transportation, inbound, outbound, and fulfillment logistics services. These services are fully integrated into its customers’ supply chain and final end-client delivery. syncreon is a global business based in Ireland with its operational HQ in Auburn Hills, MI.
The Simpson Thacher team included, among others, Risë Norman, Justin Hoffman, Austen Heim and Yue Zhang (Capital Markets), Marissa Wesley and Kristin Marvin (Credit), Rob Holo and Adam Wells (Tax), Corina Gugler (Intellectual Property), Noreen Lavan (Environmental) and Gregory Grogan and Jennifer Pepin (Executive Compensation and Employee Benefits).
