The Firm represented the underwriters, led by U.S. Bancorp Investments, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and PNC Capital Markets LLC in connection with a public offering by Cabot Corporation (“Cabot”) of $350 million of its 4.950% Senior Notes due 2029. The offering closed on August 21, 2026.
Cabot is a global specialty chemicals and performance materials company and is a leading provider of reinforcing and specialty carbons, specialty compounds, conductive additives, carbon nanotubes, fumed metal oxides, inkjet colorants and aerogel. It intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of outstanding debt.
The Simpson Thacher team included David Azarkh, Patrick Baron, Yuki Zhang and Orly Levy (Capital Markets); Jonathan Cantor and Tova Pfeffer (Tax); Ron Ben Yehuda and Paige Brinton (Intellectual Property); George Gerstein, J. Pasco Struhs and Christopher Torikoglu (ECEB); and Jennie Getsin (FINRA and Blue Sky).