Latham & Watkins Advises Initial Purchasers in Truck Hero’s US$600 Million Senior Notes Offering

Truck Hero, Inc., a leading provider of branded automotive accessories for trucks, Jeep brand vehicles, and cars to consumers, has closed its offering of US$600 million in aggregate principal amount of 6.25% senior notes due 2029. The offering is part of the financing for the acquisition of Truck Hero Holdings, Inc. by certain investment funds advised by Catterton Management Company, L.L.C.

Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by New York partners Marc Jaffe, Ian Schuman, and Stelios Saffos, with New York counsel Ryan deFord and New York associates Brian Yoon, Tomer Stein, and Hamna Ahmad. Advice was also provided on tax matters by Chicago partner Rene de Vera, with associate Christopher Ohlgart; on benefits and compensation matters by New York partner Jennifer Pepin, with associate Alisa Hand; on environmental matters by New York partner Gary Gengel, with associate Ben Einhouse; and on intellectual property matters by New York counsel Carrie Girgenti, with associate Caroline Herald.