Shearman & Sterling has advised Ardagh Glass Finance plc, a subsidiary of Ardagh Glass Holdings Limited, in its offering of €180 million high-yield bonds. The deal closed on January 20.
Ardagh Glass Holdings Limited is a major European glass container manufacturer that supplies companies such as Heineken and Coca Cola. Proceeds from the bond offering will be used to refinance Ardagh Glass’s high-yield bonds due 2013.
The Shearman & Sterling team helped launch and close the transaction within two weeks.
The Shearman & Sterling team representing Ardagh Glass was led by corporate partner Ward McKimm in the firm’s London office. He was assisted by associates Apostolos Gkoutzinis, Cedric Van den Borren and Tasha Matharu. Tax advice was provided by partner Iain Scoon and associate Will Smith. Partner Clifford Atkins and counsel Peter Hayes advised on English finance matters. Partner Lois Moore and associate Emi Zakrzewski advised on English corporate matters.