David Azarkh is a Partner in Simpson Thacher’s New York office and a member of the Firm’s Corporate Department. David’s primary area of concentration is capital markets, an area in which the Firm has a preeminent U.S. and international presence.
David regularly represents underwriters, corporate clients and private equity sponsors in securities offerings ranging from high yield and investment grade debt offerings, leveraged buyouts, initial public offerings and other capital markets transactions. He also assists companies with compliance, reporting and establishing corporate governance programs.
David’s representative transactions include:
- Underwriters in approximately $8 billion of debt financings for Fortescue Metals Group Ltd., in the $700 million debut high yield financing for Mineral Resources Limited, in the debut high yield secured financing for InfraBuild Australia Pty Ltd, in approximately $1.6 billion of secondary offerings and debt financings for Kosmos Energy Ltd., approximately $3 billion of debt financings for Noble Corporation, in the $1 billion debt financing for Whiting Petroleum Corporation, in the debut high yield financing for Lonestar Resources America Inc., in the debut high yield secured financing for EnVen Energy Corporation, in the debut high yield financing for Nine Energy Service, Inc. in connection with its acquisition of Magnum, in the debt financings for Resolute Energy Corporation, in the secondary offerings and debt financings for Callon Petroleum Company, in the debut high yield secured financing for Venator Materials PLC and in the debut high yield financing for Minerals Technologies Inc.
- Underwriters in the financing for Carlyle’s $7.4 billion acquisition of Veritas from Symantec Corporation, in the financing for AEA’s $1.9 billion acquisition of 24 Hour Fitness, in the financing for Ares’ $1.5 billion acquisition of CPG International, in $1.6 billion of debt financings by Gartner, Inc., including in connection with its $2.6 billion acquisition of CEB Inc., in the financing for Olin Corporation’s $5 billion acquisition of Dow Chemical’s chlor-alkali business and in $1.3 billion of debt financings by Charles River Laboratories, including its acquisition of MPI Research
- Underwriters in the $1 billion IPO and over $5.5 billion of secondary offerings and debt financings for Realogy Group LLC, in the IPO of Laureate Education, Inc., the first IPO of a public benefit corporation, secondary offerings and over $2 billion in debt financings for Laureate Education, Inc., in the $1.4 billion IPO of ADT, Inc., in the IPO of U.S. Xpress Enterprises, Inc. and in the IPO of Neff Corporation
- Underwriters in over $1.5 billion of debt financings for Cinemark USA, Inc., in over $1 billion of debt financings for Pharmaceutical Product Development, LLC, a debut secured debt financing for Ferrellgas, L.P. and a debut debt financing for AdaptHealth LLC
- Underwriters in $21 billion of debt financings by Qualcomm Incorporated, including in connection with the acquisition of NXP Semiconductors N.V., in $2 billion of debt financings by Martin Marietta Materials, Inc., including in connection with the acquisition of Bluegrass Materials, in the debut U.S.$400mm debt financing by Element Fleet Management Corp., in over $10 billion of debt and equity financings by AerCap Holdings N.V., and debt financings by Cabot Corp.
- Underwriters in $2.5 billion of debt financings for Sprint Corporation, in over $2 billion of debt financings for TEGNA, Inc., in approximately $2.5 billion and €500 of debt financings for Hanesbrands Inc., in approximately €2 billion and $3 billion of debt financings for V.F. Corporation, in $550 million of debt financings for Wolverine World Wide, Inc., in the $250 million debt financing for Rent-A-Center, Inc., in almost $1 billion of debt and equity financings for Central Garden & Pet Company, in debt financings by EnerSys and in the debut follow-on equity offering by Cable One, Inc.
- Underwriters in the debut high yield debt offering and secondary offering by TTM Technologies, Inc., secured high yield debt offering and secondary offerings by Kratos Defense & Security Solutions, Inc., secondary offering by Cubic Corporation and debut high yield debt offering by Schweitzer-Mauduit International, Inc.
- Dealer managers in multiple exchange offers, tender offers and/or consent solicitations for Sprint Corporation, Jack Cooper Enterprises, Inc., Noble Corporation, Crestwood Midstream Partners, Fortescue Metals Group Ltd., Laureate Education, Inc., Conduent Corporation, Whiting Petroleum Corporation, V.F. Corporation, Callon Petroleum Company and AerCap Holdings N.V.
- First Reserve in connection with financings in respect of Crestwood Midstream Partners, Midstates Petroleum, CHC Helicopter S.A. and TPC Group Inc.
David regularly writes for industry publications. He has co-authored articles for Lexis Practice Advisor
® titled, “Market Trends: Block Trades,” “Market Trends: High Yield Debt Offerings,” “High Yield Indentures: Typical Covenants” and “High Yield vs. Investment Grade Covenants Chart.” He also authored two articles for Lexis Practice Advisor
® titled, “How to Draft Risk Factors for a Registration Statement” and “Responding to SEC Comment Letters.” In March 2017, he co-authored an article in Law360
titled, “A Primer On Executing Block Trades.” In 2016, David served as a Contributing Editor of the inaugural edition of “Getting the Deal Through: High-Yield Debt
” and he has continued to serve as a Contributing Editor annually for this publication. The publication provides advice and insight into the global high yield market, with chapters covering a range of international jurisdictions. He co-authored the opening segment titled “Global Overview,” and the “United States” chapter discussing recent activity in the high yield market.
David started his career at Cravath, Swaine & Moore LLP in 2006 before coming to Simpson Thacher in 2011. He holds a J.D. from Georgetown University Law Center, where he was Editor of the Georgetown Journal of International Law
and elected to Order of the Coif. He received his B.A. from Boston University where he was elected to Phi Beta Kappa.