The Firm represented the initial purchasers in connection with the offering by Voyager Technologies, Inc. of $435 million aggregate principal amount of 0.750% Convertible Senior Notes due 2030. In addition, the Firm represented certain financial institutions in capped call and a prepaid forward transaction entered into with Voyager concurrently with the notes offering. Voyager used the net proceeds from the offering to (i) fund the cost of the capped call transactions, (ii) repurchase shares of the Company’s Class A common stock in privately negotiated transactions with certain existing stockholders (iii) fund the cost of entering into the prepaid forward transaction, and (iv) fund general corporate purposes.
Voyager is an innovation-driven defense technology and space solutions company committed to advancing and delivering an array of transformative, mission-critical solutions that include defense systems, communications and surveillance systems, advanced space technology, infrastructure and mission services.
The Simpson Thacher team included Roxane Reardon, Richard Fenyes, John O’Connell, Matt Hart and Erin Camia (Capital Markets); Jonathan Lindabury, Marc Langer, Diana Yen and Ruben Aguirre (Derivatives); Michael Mann and Shareef Salfity (Tax); Gillian Emmett Moldowan and Mtume Sangiewa (Executive Compensation and Employee Benefits); James Talbot and Christian Bond (Intellectual Property); Michael Isby (Environmental); and Jennie Getsin (Blue Sky).