Simpson Thacher Represents J.P. Morgan and Other Underwriters in Central Garden & Pet Company's $400 Million Senior Subordinated Notes Offering
The Firm represented the underwriters, led by J.P. Morgan Securities Inc., in connection with the registered public offering by Central Garden & Pet Company of $400 million aggregate principal amount of its 8.25% Senior Subordinated Notes due 2018. The net proceeds were used to fund a cash tender offer for previously issued debt securities of Central Garden & Pet Company, for which the Firm represented J.P. Morgan as Dealer Manager and Solicitation Agent, as well as to repay outstanding indebtedness under the Company’s senior term loan.
Central Garden & Pet Company is a leading marketer and producer of products for the lawn & garden and pet supplies markets.
The Simpson Thacher team for the offering included Rhett Brandon, Estella Chen, Whitney Jordan and Erin Rinn (Securities); Jonathan Cantor (Tax); Mardi Merjian and Frank Giovinazzo (Real Estate); Marcela Robledo (Intellectual Property); Timothy Mulvihill (Environmental); Beth Understahl, Jeanne Annarumma and Stephanie Mash (Executive Compensation and Employee Benefits). Paralegal Michael Riordan also provided valuable assistance.