Julia T. Szinovatz

Simpson Thacher is advising Antler EquityCo S.à r.l (“Antler”), which is controlled by funds advised by Apax Partners LLP (“Apax”), in connection with the sale of approximately 63 million ordinary shares in the capital of Baltic Classifieds Group PLC (“BCG”) at a price of 247 pence per share, raising gross sale proceeds of approximately £156 million. This represents a full exit by Antler of its position in BCG, which is listed on the main market of the London Stock Exchange.~~The sale comprises (i) approximately 59 million ordinary shares of BCG sold by Antler by way of an accelerated bookbuild to institutional investors, raising gross sale proceeds of approximately £146 million, and (ii) 4.2 million ordinary shares of BCG sold by Antler to BCG by way of an off-market purchase, for approximately £10 million, pursuant to a contract between Antler and BCG, which was approved by the shareholders of BCG at its Annual General Meeting on September 27, 2023.~~The Simpson Thacher team included James Howe, Lucy Gillett, Deborah Harris and Tory Hansen (U.K. Corporate); and Nicholas Shaw and Julia Szinovatz (U.S. Corporate).

Jul 18

1 min

Simpson Thacher represented a global infrastructure fund managed by KKR in connection with its subscription of €200 million 4.75% Senior Unsecured Conditionally Convertible Bonds due 2030 issued by Greenvolt - Energias Renováveis, S.A. The bond offering closed on February 8, 2023.~~Greenvolt (Euronext Lisbon: GVOLT) is a leading Portuguese renewable energy company that operates in several European markets as well the American Market.~~The Simpson Thacher team included Gil Strauss, Alexander Yeagley and Julia Szinovatz (Capital Markets); Amy Mahon, Jiaying Zhang, Alex Wilson and Sean Macdonald (M&A - UK); Brian Chisling (M&A - US); Étienne Renaudeau and Henry Llewellyn (Antitrust); and Meredith Jones and Daisy Dai (Tax).

Oct 2

1 min

Simpson Thacher recently represented the initial purchasers in connection with an offering of Notes by Roche Holdings, Inc. (“Roche”). The offering consisted of a Rule 144A and Regulation S offering of $1.1 billion of 5.265% notes due 2026, $1.25 billion of 5.338% notes due 2028, $1.25 billion of 5.489% notes due 2030, $1.6 billion of 5.593% notes due 2033 and $300 million of floating rate notes due 2026 (together, the “Notes”).~~The net proceeds from the issue of the Notes will be used for general corporate purposes, including, among others, to fund a portion of the cash consideration payable in connection with the acquisition of Telavant Holdings, Inc. The Roche Group is the world’s leading supplier of in vitro diagnostics, one of the world’s largest biotech companies and a leading provider of cancer treatment drugs worldwide.~~The Simpson Thacher team included Mark Brod, Alexander Yeagley and Julia Szinovatz (Capital Markets); Michael R. Isby, Vanessa Burrows and Nawa Lodin (Corporate); Bobbie Burrows and Cara Anstey (IP); and Jonathan Cantor and Lina Pan (Tax).

Nov 14

1 min

Simpson Thacher has acted for certain financing vehicles of Orange Spain and MASMOVIL in connection with an agreement between Orange Spain and MASMOVIL to form a new Joint Venture in order to combine their operations in Spain, creating the leading player in the Spanish telecoms market in terms of customers. The Firm advised across multiple financing products and strategies as part of this landmark financing transaction.~~The Simpson Thacher team included Shahpur Kabraji, Emma Lynam, Margareta Chlubnova and Emily Guess (Banking and Credit); Gil Strauss, Surya Bala and Julia Szinovatz (Capital Markets); and Daniel Deacon (Regulatory).

Mar 27

1 min

Simpson Thacher represented a global infrastructure fund managed by KKR in connection with its subscription of €200 million 4.75% Senior Unsecured Conditionally Convertible Bonds due 2030 issued by Greenvolt - Energias Renováveis, S.A. The bond offering closed on February 8, 2023.~~Greenvolt (Euronext Lisbon: GVOLT) is a leading Portuguese renewable energy company that operates in several European markets as well the American Market.~~The Simpson Thacher team included Gil Strauss, Alexander Yeagley and Julia Szinovatz (Capital Markets); Amy Mahon, Jiaying Zhang, Alex Wilson and Sean Macdonald (M&A - UK); Brian Chisling (M&A - US); Étienne Renaudeau and Henry Llewellyn (Antitrust); and Meredith Jones and Daisy Dai (Tax).

Oct 2

1 min