Law firm Simpson Thacher represented Morgan Stanley Senior Funding and UBS Securities as joint lead arrangers, in connection with $1.54 billion of senior secured facilities and of UBS Investment Bank and Morgan Stanley, as lead initial purchasers, in connection with a $535 million senior unsecured notes offering, in each case to finance Stone Point Capital’s proposed acquisition of a 50% equity stake in Alliant Holdings I for $3.376 billion in cash and equity.

Stone Point Capital is a private equity firm that makes investments in businesses within the global financial services industry. Alliant Insurance Services is a distributor of diversified insurance products and services.