Shearman & Sterling represented Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman, Sachs & Co. and RBC Capital Markets, LLC as the initial purchasers in connection with a Rule 144A/Regulation S offering by Ancestry.com Holdings LLC of $300 million aggregate principal amount of 9.625% and 10.375% Senior Notes due 2018. The proceeds from the offering will be used to pay cash dividends on, and/or make other payments related to, the equity interests of Ancestry.com Holdings or its subsidiaries.
Ancestry.com Holdings is a holding company which owns all of the membership interests of Ancestry.com LLC, the world’s largest online family history resource, operating Web sites accessible worldwide, including dedicated sites in the United States, United Kingdom, Australia, Canada and Sweden.
The Shearman & Sterling team included partners Michael Benjamin (New York-Capital Markets) and Laurence Bambino (New York-Tax); associates Merritt Johnson (New York-Capital Markets), Dorothea Athanasiadou (New York-Capital Markets) and Doug Jones (New York-Tax); and visiting attorney Filipe Carneiro (New York-Capital Markets).