TDR Capital and Sun Capital Partners Finance Their Acquisition of Keepmoat
Simpson Thacher represents TDR Capital LLP and Sun Capital Partners Limited in connection with the financing of their acquisition of Keepmoat, including (i) a Rule 144A and Regulation S offering of £263 million aggregate principal amount of 9.500% Senior Secured Notes due 2019, issued by a finance affiliate of Keepmoat, and (ii) a £75 million Revolving Credit Facility Agreement. The notes offering closed into escrow on October 3, 2014 and will be released upon completion of the acquisition.