The Firm represented Detroit International Bridge Company (“DIBC”) in connection with its private offering of US$45 million principal amount of 4.01% Senior Secured Notes due 2020, US$38 million principal amount of 5.34% Senior Secured Notes due 2023, CDN$5 million principal amount of 4.82% Senior Secured Notes due 2020 and CDN$2 million of 5.87% Senior Secured Notes due 2023.

DIBC and its subsidiary, The Canadian Transit Company, own and operate the Ambassador Bridge which links Detroit, Michigan with Windsor, Ontario.  According to certain studies, the Detroit-Windsor crossings comprise the busiest commercial land border corridor in North America, and the Ambassador Bridge alone is responsible for carrying approximately 25% of all trade between the United States and Canada.

The Simpson Thacher team included William Brentani, Erica Wilson and Jonathan Amt (Capital Markets).