Simpson Thacher Advises Underwriters on Cadence Design Systems’ $350 Million Senior Notes Offering
Simpson Thacher recently represented the underwriters, led by J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, in connection with the registered public offering by Cadence Design Systems, Inc. (“Cadence”) of $350 million aggregate principal amount of 4.375% Senior Notes due 2024 (the “Notes”).
Cadence develops solutions that its customers use to design increasingly small and complex integrated circuits and electronic devices. Its solutions are designed to help customers reduce the time to bring an integrated circuit or electronic device to market and to reduce their design, development and manufacturing costs.
The Simpson Thacher team included William Brentani, Ryan Coombs and David Ray (Capital Markets); Michelle Morad and Ben Stern (Intellectual Property); Jason Vollbracht and Noah Metz (Tax); and Jennie Getsin (Blue Sky).