Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC, in an offering of $300 million aggregate principal amount of 4.50% Senior Notes due 2023 by NeuStar, Inc. (“NeuStar”) and guaranteed by certain of its subsidiaries. The net proceeds from the offering, together with borrowings under a new credit facility, were used to repay NeuStar’s existing term credit facility.
NeuStar is a technology and information services company that provides real-time information and analysis to the Internet, telecommunications, information services, financial services, retail, media and advertising sectors.
The Simpson Thacher team for this transaction included Art Robinson, Lesley Peng, Arjun Koshal and Austen Heim (Capital Markets); David Rubinsky and Jennifer McGroarty (Executive Compensation and Employee Benefits); Rob Holo and Devin Heckman (Tax); Paul Rodriguez (IP); and Jennie Getsin (Blue Sky).
