Savers Value Village Issues Secondary Offering

Paul, Weiss advised Savers Value Village, Inc., a leading for-profit thrift store operator in the United States and Canada, in a secondary public offering of 15,000,000 shares of Savers’ common stock. J.P. Morgan, Jefferies, Goldman Sachs & Co. LLC and UBS Investment Bank acted as joint lead bookrunners and underwriters for the offering. As part of the offering, Savers repurchased $20 million of shares of common stock from the underwriters.

The Paul, Weiss team was led by corporate partners John Kennedy and Christodoulos Kaoutzanis and included corporate partners Kenneth Schneider and Michael Vogel; executive compensation counsel Cindy Akard; and tax partner Scott Sontag.