Simpson Thacher represented Sophia Holding Finance, L.P. (“Sophia Holding”) and its co-issuer in connection with its Rule 144A and Regulation S offering of $400.0 million aggregate principal amount of 9.625%/10.375% Senior PIK Toggle Notes due 2018.   Sophia Holding intends to use the net proceeds the offering to pay a distribution to its equityholders.

Sophia Holding is the indirect parent company of Sophia, L.P.  Sophia, L.P. is a leading global provider of a wide range of software and services to the higher education industry, including public and private colleges and universities, for-profit institutions, foundations, state systems and international institutions.

The Simpson Thacher team for this transaction included: William Brentani, Kate Layton and Cara Walsh (Capital Markets); Chad Skinner and Emiko Kurotsu (Corporate); and Katharine Moir and Jason Vollbracht (Tax).


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