Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, in connection with a registered offering by Broadridge Financial Solutions, Inc. (“Broadridge”) of $1 billion aggregate principal amount of its 2.6% Senior Notes due 2031. Broadridge intends to use the net proceeds of this offering to repay a portion of the outstanding indebtedness under its term credit agreement and for general corporate purposes.
Broadridge (NYSE: BR), a global Fintech leader, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. Broadridge delivers technology-driven solutions to banks, broker-dealers, asset and wealth managers, and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world.
The Simpson Thacher team for the transaction included Roxane Reardon, Kirsten Harmon and David Goodman (Capital Markets); Jonathan Cantor and Edward Grais (Tax); Corina McIntyre and Bobbie Burrows (Intellectual Property); Noreen Lavan (Environmental); Jeanne Annarumma and J. Pasco Struhs (ERISA); and Andrew Pagliughi (Blue Sky).