Shearman And Sterling

News March 28, 2019

SS&C Technologies’s $2 Billion Senior Notes Offering

Shearman & Sterling represented Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Oppenheimer & Co. Inc., as joint-lead and bookrunning managers, in connection with an offering by SS&C Technologies of $2 billion aggregate principal amount of its 5.500% senior notes due 2027 pursuant to Rule 144A and Regulation S. The notes are fully and unconditionally guaranteed by SS&C Technologies’ parent company, SS&C Technologies Holdings, and certain other of SS&C’s subsidiaries. The net proceeds from the offering were used to repay a certain portion of SS&C’s term loans under its existing senior secured credit facilities.

SS&C (NASDAQ: SSNC) is a global provider of software and software-enabled services to thousands of its clients, principally within the institutional asset and wealth management, alternative investment management, healthcare, brokerage, retirement, financial advisory and financial institutions vertical markets.

The Team