THOR Industries’ $500 Million Senior Notes Offering

Simpson Thacher advised the initial purchasers, led by J.P. Morgan Securities, in connection with the offering.

THOR Industries, Inc. executed its offering of $500 million aggregate principal amount of 4% Senior Notes due 2029, which closed on October 14, 2021. 

THOR is the largest manufacturer of recreational vehicles in the world. THOR manufactures a wide variety of RVs in the United States and Europe, and sells those vehicles, as well as related parts and accessories, primarily to independent, non-franchise dealers throughout the United States, Canada and Europe. 

The Simpson Thacher team included Art Robinson (Picture), Dave Azarkh, Jessica Asrat and Alex Suh (Capital Markets); Daniel Kay, Whitney Bosworth and Zhongji Wu (Credit); Jonathan Cantor (Tax); Jeanne Annarumma and Meredith Brenton (Executive Compensation and Employee Benefits); Michael Isby (Environmental); Abram Ellis and Christine Tillema (Regulatory); Genevieve Dorment and Bobbie Burrows (Intellectual Property); and Jennie Getsin (FINRA).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Jessica Asrat – Simpson Thacher & Bartlett; David Azarkh – Simpson Thacher & Bartlett; Whitney Bosworth – Simpson Thacher & Bartlett; Meredith Brenton – Simpson Thacher & Bartlett; Bobbie Burrows – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Abram Ellis – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Daniel Kay – Simpson Thacher & Bartlett; Arthur Robinson – Simpson Thacher & Bartlett; Alexander Suh – Simpson Thacher & Bartlett; Christine Tillema – Simpson Thacher & Bartlett; Zhongji Wu – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: JP Morgan Securities;

Avatar

Author: Alejandro Girola