Simpson Thacher represented MDC Partners Inc. (“MDC”) in connection with a Rule 144A/Regulation S offering of $80 million aggregate principal amount of its 11% Senior Notes due 2016, fully and unconditionally guaranteed by all of its wholly owned subsidiaries. The initial purchasers were led by J.P. Morgan Securities LLC. The notes were issued as additional notes under an existing indenture, pursuant to which MDC issued $225 million, $65 million and $55 million aggregate principal amount of 11% Senior Notes due 2016 in October 2009, May 2010 and April 2011, respectively. The notes offering closed on December 10, 2012.
MDC is a Business Transformation Organization that utilizes technology, marketing communications, data analytics and insights and strategic consulting solutions to drive meaningful returns on Marketing and Communications Investments for multinational clients in the United States, Canada, Europe, and the Caribbean.
The Simpson Thacher team included: Risë B. Norman, Katerina Kousoula, Joe Ronca and Yue Zhang (Capital Markets); Christopher Brown (Banking and Credit); Robert E. Holo and Devin Heckman (Tax); Mindy Lok (Intellectual Property); and Jamin R. Koslowe and Jeanne M. Annarumma (Executive Compensation and Employee Benefits).
