Legal DealFolio - Financing for Acquisition of Zale Corporation

Simpson Thacher is representing JPMorgan Chase Bank, N.A., as administrative agent, and J.P. Morgan Securities LLC, as lead arranger and bookrunner, in connection with the committed financing for the acquisition of Zale Corporation by Signet Jewelers Limited. The financing is expected to consist of a combination of bank debt, other debt financing and the securitization of a significant portion of Signet's accounts receivable portfolio. Signet Jewelers Limited is the largest specialty jewelry retailer in the US, where it operates over 1,400 stores in all 50 states primarily under the name brands of Kay Jewelers and Jared The Galleria Of Jewelry, and in the UK, where it operates approximately 500 stores primarily under the name brands of H.Samuel and Ernest Jones. Zale Corporation is a leading specialty retailer of diamond and other jewelry products in North America, operating approximately 1,680 retail locations throughout the United States, Canada and Puerto Rico, as well as online, under brands including Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. The Simpson Thacher team includes Patrick Ryan, Jessica Tuchinsky and William Allen (Credit); Art Robinson, Hui Lin and Chinh Vo (Capital Markets); Laura Palma (Structured Finance); Ed Chung (M&A); Rob Holo and Sophie Staples (Tax); Andrea Wahlquist and Alina Finkelshteyn (ECEB); Mardi Merijan (Real Estate); Samantha Himelman (IP); and Michael Isby (Environmental).

Deal Date:	21-02-2014	Practice Area:	International Finance and Bank Credit
Deal Title:	Financing for Acquisition of Zale Corporation	Industry:	Leisure Goods
Description:	Simpson Thacher is representing JPMorgan Chase Bank, N.A., as administrative agent, and J.P. Morgan Securities LLC, as lead arranger and bookrunner, in connection with the committed financing for the acquisition of Zale Corporation by Signet Jewelers Limited. The financing is expected to consist of a combination of bank debt, other debt financing and the securitization of a significant portion of Signet's accounts receivable portfolio. Signet Jewelers Limited is the largest specialty jewelry retailer in the US, where it operates over 1,400 stores in all 50 states primarily under the name brands of Kay Jewelers and Jared The Galleria Of Jewelry, and in the UK, where it operates approximately 500 stores primarily under the name brands of H.Samuel and Ernest Jones. Zale Corporation is a leading specialty retailer of diamond and other jewelry products in North America, operating approximately 1,680 retail locations throughout the United States, Canada and Puerto Rico, as well as online, under brands including Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. The Simpson Thacher team includes Patrick Ryan, Jessica Tuchinsky and William Allen (Credit); Art Robinson, Hui Lin and Chinh Vo (Capital Markets); Laura Palma (Structured Finance); Ed Chung (M&A); Rob Holo and Sophie Staples (Tax); Andrea Wahlquist and Alina Finkelshteyn (ECEB); Mardi Merijan (Real Estate); Samantha Himelman (IP); and Michael Isby (Environmental).
Financial Center:	New York	Value:	0.00-0.00
Advised Party:	Lender	Law Firm	Simpson Thacher
Borrower Jurisdiction:	United States	Lender Jurisdiction:	United States
Classification:	Acquisition Finance Private Company Acquisition	Lawyer	Patrick J Ryan

Practice Areas -

International Finance and Bank Credit Law Firms and Lawyers

Practice Areas - International Finance and Bank Credit Law Firms and Lawyers