Jonathan Lindabury

The Firm represented JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC, as the joint lead arrangers, in connection with the financing of Yelp Inc.’s $125 million multi-currency revolving credit facility.~~Yelp Inc. is an internet services company, which provides a platform for social networking, user review, and local search website. The Company provides the site as a guide for online search capabilities for its visitors to find reviews and details about local businesses. Yelp provides listings for businesses throughout the United States and Canada.~~The Simpson Thacher team included Jessica Tuchinsky, Leah Nudelman Tendler, Jackie Song and Ashley Jaramillo (Banking & Credit); Michael Mann (Tax); Courtney Welshimer, Corina McIntyre and Sarika Pandrangi (Intellectual Property); Lia Toback (Capital Markets); Pasco Struhs (Executive Compensation and Employee Benefits); Timothy Gallagher (Real Estate); and Jonathan Lindabury (Derivatives).

Dec 5

1 min

The Firm represented Progress Software Corporation (“Progress”) in connection with the offering of $450 million aggregate principal amount of 3.50% Convertible Senior Notes due 2030, which includes the full exercise of the initial purchasers’ option to purchase additional notes. In addition, the Firm represented Progress in connection with capped call transactions entered into with certain of the initial purchasers and/or their respective affiliates and/or other financial institutions concurrently with the offering of the Notes.~~Progress used the net proceeds from the offering of the Notes (i) to repay amounts outstanding under its term loan credit facility; (ii) to fund the cost of entering into the capped call transactions; (iii) to repurchase shares of its common stock in privately negotiated transactions effected through one of the initial purchasers or its affiliate, concurrently with the pricing of the offering of the Notes; and (iv) for general corporate purposes, which may include repayment of other indebtedness.~~Progress provides high-performing products to develop, deploy and manage high-impact business applications.~~The Simpson Thacher team included Roxane Reardon, Matt Hart and David Turitzin (Capital Markets); Jonathan Lindabury, Nathan Utterback and Alexis Manson (Derivatives); Chris Brown, Mark Haddox, Cem Islikci and Alexandra Cullen (Credit); Alysha Sekhon (Intellectual Property); Michael E. Mann, Edward Grais and Michael Slomovics (Tax); and Jeanne Annarumma (ECEB).

May 3

1 min

The Firm represented Alibaba Group Holding Limited (“Alibaba”) in connection with an offering of US$5.0 billion aggregate principal amount of 0.50% Convertible Senior Notes due 2031 (the “Notes”), which included the full exercise of the initial purchasers’ option to purchase additional notes. In addition, the Firm represented Alibaba in connection with capped call transactions entered into with certain of the initial purchasers and/or their respective affiliates and/or other financial institutions concurrently with the offering of the Notes.~~Alibaba will use the net proceeds from the notes offering to (i) repurchase its American depositary shares (the “ADSs”) concurrently with the pricing of the offering in privately negotiated transactions; (ii) fund further share repurchases under its existing share repurchase program; and (iii) fund the cost of entering into the capped call transactions.~~The Simpson Thacher team included Roxane Reardon and Matt Hart (Capital Markets – New York and Houston); Daniel Fertig, Christopher Wong, Chenjing Shen, June Hu, Jeff Wong, Zhengyuan Fan, Christy Li (Capital Markets – Hong Kong); Jonathan Lindabury, Nathan Utterback and Mehrdad Alvandi (Derivatives); Jonathan Cantor, Edward Grais and Preston Irace (Tax); and Jeanne Annarumma and Pasco Struhs (ECEB).

May 30

1 min

Simpson Thacher represented private capital financing sources supporting the acquisition by McIntyre Partners of Moreld Apply, Moreld Ross Offshore and Moreld Global Maritime (collectively “Moreld”) from HitechVision. Members of Moreld’s incumbent management and Velocity Partners will own minority stakes. Other terms were not disclosed.~~Moreld is a leading multi-disciplinary engineering group based in Norway that serves the offshore energy and marine sectors.~~McIntyre Partners and Velocity Partners are private equity firms focused on the energy, industrials and infrastructure sectors.~~The Simpson Thacher team included Brian Rosenzweig, Matt Hart, Rachel Lerman, Maggie Selbe, Mary Richardson and Adam Danciu (Alternative Capital); Matt Einbinder and Jason Hwang (Credit); Clare Gaskell and Laura Harris (UK Corporate); Jonathan Lindabury and Jakarri Hamlin (Derivatives); and Yash Rupal, Jon Cantor, Sefia Jivraj and Preston Irace (Tax).

Jan 17

1 min

The Firm recently represented the initial purchasers in the offering of $400 million aggregate principal amount of 3.125% Convertible Senior Notes due 2030 by Kosmos Energy Ltd. (“Kosmos”), which includes the full exercise of the initial purchasers’ option to purchase additional Notes. The size of the offering was upsized from $300 million. Kosmos used the net proceeds to (i) repay a portion of outstanding indebtedness under Kosmos’ commercial debt facility, (ii) pay the cost of the capped call transactions and (iii) pay fees and expenses related to the offering.~~The Firm also represented certain hedge counterparties in related capped call transactions, entered into concurrently with the notes offering.~~Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margin. Since 2014, the Firm has represented the financing sources on over $3 billion of debt and equity financings by Kosmos. The Simpson Thacher team included Roxane Reardon, David Azarkh, Matt Hart, Asha Amin, J. Carr Gamble and Rob Bloomer (Capital Markets); Jonathan Lindabury and Nathan Utterback (Derivatives); Michael Mann and Edward Grais (Tax); Pasco Struhs (Executive Compensation and Employee Benefits); Abram Ellis and Laurel Fresquez (Regulatory); Mike Isby and Tim Mulvihill (Environmental); and Jennie Getsin (Blue Sky).

Aug 3

1 min