The Firm recently represented J.P. Morgan Securities LLC, as lead arranger, in an amendment and restatement of the First Lien Credit Agreement of Web.com Group, Inc. (“Web.com”), which amendment and restatement repriced the loans thereunder and increased the revolving facility thereunder to $70 million and the term loan facility thereunder to $660 million (the proceeds of which were used to repay Web.com’s second lien term loan in full).
Web.com is a leading provider of online marketing for small businesses. Web.com meets the needs of small businesses anywhere along their lifecycle by offering a full range of online services and support, including domain name registration, website design, search engine optimization, internet marketing and local sales leads, social media and mobile solutions, shopping cart software, eCommerce website design and call center services.
The Simpson Thacher team included Patrick Ryan, Jessica Tuchinsky and Charles Clinton (Banking and Credit).
