The Firm represented the underwriters, led by BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, in connection with a registered offering by Automatic Data Processing, Inc. of an aggregate principal amount of $1 billion of 4.450% Senior Notes due 2034.
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 1.1 million clients and pays over 42 million workers in over 140 countries and territories.
The Simpson Thacher team for the transaction included Joseph Kaufman, Ben Pittenger and Sophie Kim (Capital Markets); Mike Isby (Environmental); Bobbie Burrows and Paige Brinton (IP); Pasco Struhs (ECEB); Jonathan Cantor and Benjamin Bressler (Tax); and Jennie Getsin (FINRA and Blue Sky).