Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC and RBC Capital Markets, LLC, in connection with a debut Rule 144A/Regulation S offering by Empire Communities Corp. (“Empire”) of US$400 million aggregate principal amount of 7% Senior Notes due 2025 (the “USD Notes”) and C$150 million aggregate principal amount of 7.375% Senior Notes due 2025, which were issued on December 22, 2020.~~Simpson Thacher also represented the initial purchasers, led by J.P. Morgan Securities LLC, in connection with the add-on offering by Empire of US$75 million of additional USD Notes, which were issued on January 27, 2021.~~Empire is one of North America’s largest private homebuilders, with over 27 years of experience and operating history.~~The Simpson Thacher team included Marisa Stavenas, John O’Connell, Hyo Min Kim, Tommy Garber and Tarra Theisen (Capital Markets); Nancy Mehlman and Abigail Hopper (Tax); Jennifer Neilsson and Richard Malek (Executive Compensation and Employee Benefits); Adeeb Fadil and Noreen Lavan (Environmental); Timothy Gallagher (Real Estate); Genevieve Dorment and Bobbie Burrows (Intellectual Property); and Jennie Getsin (Blue Sky).