The Firm represented the underwriters, led by BofA Securities, Inc. and J.P. Morgan Securities LLC, among others, in connection with a registered offering by Automatic Data Processing, Inc. (“ADP”) of an aggregate principal amount of $1 billion of 1.7% Senior Notes due 2028.
ADP is one of the world’s leading providers of cloud-based human capital management solutions to employers, offering solutions to businesses of all sizes, whether they have simple or complex needs. ADP serves over 900,000 clients in 140 countries and territories, employing approximately 56,000 people.
The Simpson Thacher team for the transaction included Joseph H. Kaufman, Hyo Min Kim and Ben Pittenger (Capital Markets); Mike Isby (Environmental); Genevieve Dorment and Bobbie Burrows (IP); Jennifer Neilsson (ECEB); Jonathan Cantor and Suzy Yaster (Tax); Mark Skerry and Laurel Fresquez (Regulatory); and Jennie Getsin (FINRA and Blue Sky).