The Firm represented the initial purchasers in connection with OI European Group B.V.’s private offering pursuant to Rule 144A and Regulation S of €330 million aggregate principal amount of 4.875% Senior Notes due 2021. The net proceeds are being used to redeem its €300 million 6.875% Senior Notes due 2017. Goldman Sachs International acted as representative of the initial purchasers in the notes offering.
Owens-Illinois, Inc. (the indirect parent company of OI European Group B.V.), through its subsidiaries, is the successor to a business established in 1903 and is the largest maker of glass containers in the world, with 79 glass manufacturing plants in 21 countries.
The Simpson Thacher team included Marisa Stavenas, Dan Bae and Taylor Smith (Capital Markets); Jonathan Cantor and Andrew Purcell (Tax); Adeeb Fadil (Environmental); David Rubinsky and Patricia Adams (Executive Compensation and Employee Benefits); Marcela Robledo (Intellectual Property); and Jennie Getsin (Blue Sky).
