Daniel Webb~~Arthur Robinson~~Karen Reyes~~Andrew Roy~~William Perrone~~Olivia Pepper~~Tristan Brown~~J. Struhs~~Jeanne Annarumma~~Jonathan Cantor~~Edward Grais~~Michael Slomovics~~Lori Lesser~~Linton Mann III~~Corina Holland~~Jennie Getsin
January 24, 2026
Simpson Thacher Represents Initial Purchasers in Block’s $2 Billion Senior Notes Offering

1 min
AI-made summary
- The Firm advised the initial purchasers, including Goldman Sachs & Co
- LLC, J.P
- Morgan Securities LLC, and Morgan Stanley & Co
- LLC, in Block, Inc.'s $2 billion offering of 6.50% Senior Notes due 2032
- The notes were sold to qualified institutional buyers under Rule 144A and to non-U.S
- persons under Regulation S of the Securities Act of 1933
- The Simpson Thacher team covered various legal areas for the transaction.
The Firm recently represented the initial purchasers, led by Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, in connection with Block, Inc.’s offering of $2 billion aggregate principal amount of 6.50% Senior Notes due 2032. The notes were offered to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act of 1933, as amended.~~Block, Inc. is a global technology company with a focus on financial services. Made up of Square, Cash App, TIDAL, and TBD, Block builds tools to help more people access the economy.~~The Simpson Thacher team included Dan Webb, Art Robinson, Karen Reyes, Andy Roy, William Perrone, Christian Sheets and Olivia Pepper (Capital Markets); Tristan Brown and Pasco Struhs (Executive Compensation and Employee Benefits); Jeanne Annarumma (ERISA); Jonathan Cantor, Edward Grais and Michael Slomovics (Tax); Lori Lesser, Linton Mann and Corina Holland (Intellectual Property); and Jennie Getsin (Blue Sky).
Article Author
Daniel Webb~~Arthur Robinson~~Karen Reyes~~Andrew Roy~~William Perrone~~Olivia Pepper~~Tristan Brown~~J. Struhs~~Jeanne Annarumma~~Jonathan Cantor~~Edward Grais~~Michael Slomovics~~Lori Lesser~~Linton Mann III~~Corina Holland~~Jennie Getsin
The Sponsor
