Brian Rosenzweig~~Matthew Hart~~Ryan Poché~~Christine Robb~~Terrance Brown~~Jonathan Cantor~~Paul Jansch~~Michael Isby~~J. Struhs~~Kate Mirino
January 24, 2026
Simpson Thacher Advises NOVA Chemicals Corporation in $400 Million Senior Secured First Lien Notes Offering and Concurrent Cash Tender Offer

1 min
AI-made summary
- Simpson Thacher is advising NOVA Chemicals Corporation on its $400 million offering of 8.500% senior secured first lien notes due 2028
- The proceeds from this offering will be used to fund a cash tender offer for up to $400 million of NOVA Chemicals' 4.875% senior notes due 2024
- The law firm is also representing NOVA Chemicals in connection with the tender offer
- NOVA Chemicals is headquartered in Calgary, Alberta, Canada.
Simpson Thacher is representing NOVA Chemicals Corporation (“NOVA Chemicals”) in connection with its offering of $400 million aggregate principal amount of 8.500% senior secured first lien notes due 2028. NOVA Chemicals plans to use the net proceeds of the offering to fund a cash tender offer to purchase up to $400 million aggregate principal amount of its 4.875% senior notes due 2024 (the “Tender Offer”). The Firm also represents NOVA Chemicals in connection with the Tender Offer.~~NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life healthier, easier and safer. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is wholly owned ultimately by Mubadala Investment Company PJSC of the Emirate of Abu Dhabi, United Arab Emirates, which, in turn is wholly owned by the government of the Emirate of Abu Dhabi.~~The Simpson Thacher team included Brian E. Rosenzweig, Matt Hart, Ryan Poché, Christine Robb and Terrance Brown (Capital Markets); Jon Cantor and Paul Jansch (Tax); Michael Isby (Environmental); Pasco Struhs (Executive Compensation and Employee Benefits); Kate Mirino and Cara Anstey (Intellectual Property).
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Brian Rosenzweig~~Matthew Hart~~Ryan Poché~~Christine Robb~~Terrance Brown~~Jonathan Cantor~~Paul Jansch~~Michael Isby~~J. Struhs~~Kate Mirino
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