Shearman & Sterling represented Citi, HSBC, and Wells Fargo Securities as joint book-running managers and representatives of the several underwriters in connection with a $300 million offering of 6.500% senior notes due 2040 by TransAlta Corporation.

TransAlta generates and markets electricity in Canada, the United States and Australia through its portfolio of facilities fueled by coal, natural gas, hydroelectric, wind and geothermal resources.

The following Shearman & Sterling team advised the underwriters in the transaction: partners Jason Lehner (Toronto-Capital Markets), Laurence Crouch (Menlo Park-Tax), Russell Sacks (New York-Asset Management); counsel Jeffrey Salinger (New York-Property/Environmental); and associates Kevin Roggow (Toronto-Capital Markets), Sonja Sun (Toronto-Capital Markets), Anil Kalia (Menlo Park-Tax), Seth Kerschner (New York-Property/Environmental) and Michael Blankenship (New York-Asset Management).