The Firm represented Garda World Security Corporation (“GardaWorld”) in an offering of US$650 million aggregate principal amount of 6.500% Senior Secured Notes due 2031 (the “Notes”). The offering was conducted in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended.
GardaWorld intends to use the net proceeds from the Notes offering (i) to finance the redemption of its 4.625% Senior Secured Notes due 2027 (the “2027 Notes Redemption”); (ii) to pay fees and expenses related to the Notes offering and the 2027 Notes Redemption; and (iii) for general corporate purposes.
GardaWorld is an entrepreneurial-driven corporation that builds global champions in security services, AI-enabled security technologies, integrated risk management and cash automation solutions, employing more than 132,000 highly skilled and dedicated professionals across the globe. Driven by a relentless entrepreneurial culture and core values of integrity, vigilance, trust and respect, GardaWorld’s global champions offer sophisticated, tailored security and technology solutions through high-touch partnerships and consistently superior service delivery.
The Simpson Thacher team for the transaction included Ken Wallach, Brian Rosenzweig, Evan Zuckerman, Jesse Feng, Andrew Scattergood and Cadina Mancini (Capital Markets); Eli Isak and Leah Tendler (Credit); Jonathan Pall (Collateral); Jonathan Cantor and Roberto Arza (Tax); Jeannine McSweeney and Alan Fenyes (Executive Compensation & Employee Benefits); Courtney Welshimer and Paige Brinton (Intellectual Property); and Michael Isby (Environmental).