Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, in an offering of $750 million aggregate principal amount of 5.000% Senior Notes due 2036 issued by Eagle Materials Inc. (“Eagle Materials”). The notes were sold in a registered public offering, which closed on November 13, 2025. Eagle Materials intends to use a portion of the net proceeds of this offering to repay outstanding borrowings under a credit facility and the remainder of the net proceeds for general corporate purposes.
Eagle Materials Inc. is a leading U.S. manufacturer and distributor of heavy construction and light building materials, including cement, concrete, aggregates, gypsum wallboard and recycled paperboard. The company's products are used for residential, commercial and industrial construction, as well as public infrastructure projects like roads and highways across the United States.
The Simpson Thacher team included John C. Ericson, Patrick Baron, Sharon Foster and Jacob Broz (Capital Markets); Jonathan Cantor and Paul Jansch (Tax); Ashlie Lawton and Pasco Struhs (Executive Compensation and Employee Benefits); Margerite Blase (Intellectual Property); and Jennie Getsin (Blue Sky).