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The Firm represented Western Asset Investment Grade Defined Opportunity Trust Inc. (the “Fund”) in connection with its $200 million initial public offering.  The Fund is a newly organized, non-diversified closed-end management investment company, which trades on the New York Stock Exchange under the symbol “IGI.” The underwriting syndicate was led by Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and Wachovia Capital Markets, LLC.

Legg Mason Partners Fund Advisor, LLC is the Fund’s investment manager. The Fund’s subadviser is Western Asset Management Company, a subsidiary of Legg Mason, Inc. and one of the world's premier fixed-income managers with $632 billion in assets under management as of March 31, 2009.

The Simpson Thacher team included: Sarah Cogan, David Wohl and Robert Griffith (Corporate) and Marcy Geller, Jonathan Cantor and Jeffery Graff (Tax). Paralegal Natalie Kone also provided valuable assistance.