Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, in connection with a Rule 144A/Regulation S offering by Moog Inc. (“Moog”) of $500 million aggregate principal amount of 5.500% Senior Notes due 2034. Moog intends to use the net proceeds from the notes offering, together with cash on hand, to redeem all $500 million aggregate principal amount outstanding of its 4.250% Senior Notes due 2027, including any accrued and unpaid interest thereon.
Moog is a worldwide designer, manufacturer, and systems integrator of high-performance precision motion and fluid controls and control systems. Moog’s high-performance systems control military and commercial aircraft, satellites, and space vehicles, launch vehicles, defense systems, missiles, automated industrial machinery, marine, and medical equipment.
The Simpson Thacher team included David Azarkh, Evan Zuckerman, Deane Ciampa, Kaitlin Dunne and Max Totsky (Capital Markets); Jon Cantor (Tax); George Gerstein and Pasco Struhs (ECEB); Alysha Sekhon, Tally Smitas and Alexander Kokka (Intellectual Property); and Jennie Getsin (Blue Sky).