Sunny Cheong is a Partner in Simpson Thacher’s Capital Markets Practice in our New York office. Sunny represents issuers and private equity sponsors on a wide range of securities transactions, including initial public offerings, follow-on and secondary offerings of common and preferred equity, high yield debt offerings, acquisition financings, liability management and other complex structuring matters. Sunny also has extensive experience in convertible securities transactions, private investments in public equity (PIPEs) and other hybrid capital solutions.
She represents clients in a variety of industries, including consumer/retail, fintech, financial services, food and beverage, healthcare and technology. Sunny’s client representations include KKR, Silver Lake, Global Medical Response, Onto, CSG, Academy Sports & Outdoors, Avantor, National Vision and PTC.
Read Full Biography...
Work Highlights
- GMR Solutions Inc. in its IPO and concurrent margin loan/private placement transactions
- Onto Innovation Inc. in its convertible senior notes offering and concurrent capped call transactions
- KKR in its issuances of mandatory convertible preferred stock and US Dollar and Japanese Yen- denominated senior and subordinated notes
- Affiliates of KKR as selling stockholders in secondary offerings of common stock of BrightSpring, US Foods, AppLovin and Coty
- Affiliates of Silver Lake in various PIPEs in convertible notes of Splunk, Global Payments, Unity Software and Zuora
- Cooper-Standard in its issuances of senior secured notes in connection with refinancing transactions
- BrightSpring Health Services in its IPO and concurrent tangible equity unit offering
- Academy Sports and Outdoors in its IPO, secondary offerings and high yield debt refinancing
Education
-
University of Chicago Law School, 2009 J.D.
-
Yale University, 2005 B.S.
Sunny Cheong is a Partner in Simpson Thacher’s Capital Markets Practice in our New York office. Sunny represents issuers and private equity sponsors on a wide range of securities transactions, including initial public offerings, follow-on and secondary offerings of common and preferred equity, high yield debt offerings, acquisition financings, liability management and other complex structuring matters. Sunny also has extensive experience in convertible securities transactions, private investments in public equity (PIPEs) and other hybrid capital solutions.
Sunny’s representative transactions have included advising:
- GMR Solutions Inc. in its IPO and concurrent margin loan/private placement transactions
- Onto Innovation Inc. in its convertible senior notes offering and concurrent capped call
- KKR in its issuances of mandatory convertible preferred stock and US Dollar and Japanese Yen- denominated senior and subordinated notes
- Affiliates of KKR as selling stockholders in secondary offerings of common stock of BrightSpring, US Foods, AppLovin and Coty
- Affiliates of Silver Lake in various PIPEs in convertible notes of Splunk, Global Payments, Unity Software and Zuora
- BlackRock's Global Renewable Power Fund IV in a $500 million convertible preferred equity investment commitment to Recurrent Energy B.V.
- BrightSpring Health Services in its IPO and concurrent tangible equity unit offering
- Academy Sports and Outdoors in its IPO, secondary offerings and high yield debt refinancing
- National Vision in its IPO, secondary offerings and convertible note offering
- Avantor in its offering of mandatory convertible preferred stock, concurrently with its IPO of common stock
- Issuers in convertible note offerings for CSG Systems International, Bentley Systems, K2M Group and KKR Real Estate Finance Trust
- Cooper-Standard Automotive in a comprehensive set of refinancing transactions, including a backstopped private offering of secured notes, an exchange offer and consent solicitation
- PetSmart in high yield notes issuances to finance its acquisition of Chewy and also in connection with BC Partners-led consortium's acquisition of the company
- Global Medical Response in its preferred equity issuance to finance its combination with American Medical Response and in its high yield notes issuance to finance KKR's acquisition of the company
- Envision Healthcare in its high yield notes offering in connection with KKR's acquisition of the company
- Nationstar Mortgage in high yield notes issuances in connection with its merger with Mr. Cooper
Sunny received her J.D. from the University of Chicago Law School and her B.S. from Yale University. She is admitted to practice in New York.