The firm represented J.P. Morgan Securities LLC and Barclays Capital Inc. as representatives of the initial purchasers of $800 million of 9.875% Senior Notes due 2018, the proceeds of which were used to finance a portion of the acquisition of Burger King Holdings, Inc. by private equity firm 3G Capital. The Firm also represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with approximately $2.0 billion in new senior credit facilities for Burger King.
Burger King operates more than 12,150 restaurants in all 50 states and in 76 countries and U.S. territories worldwide. 3G Capital is a multi-billion dollar, global investment firm.
The Simpson Thacher team included: Patrick Ryan, Stefanie Birkmann, Brett Pearlman, Kristin Marvin and Emily Ho (Credit), Art Robinson, Ryan Bekkerus and Andrew Veit (Capital Markets), Gregory Grogan, Susan Kaufman and Jennifer Pepin (Executive Compensation and Employee Benefits), Rob Holo and Amie Broder (Tax), Mardi Merjian and Krista McManus (Real Estate), Marcela Robledo and Meryl Rosen (Intellectual Property) and Michael Isby (Environmental). Paralegals Savannah Knell and Allison Nichols also provided valuable assistance.
