Shearman & Sterling represented John Deere & Company and John Deere Capital Corporation as borrowers under a $1.5 billion thirty-seven month multicurrency revolving credit facility arranged by J.P. Morgan Securities Inc. and Banc of America Securities LLC.
Deere & Company is the world’s leading provider of advanced products and services for agricultural and forestry and a major provider of advanced products and services for construction, lawn and turf care, landscaping and irrigation. John Deere also provides financial services worldwide and manufactures and markets engines used in heavy equipment. John Deere Construction & Forestry produces more than 120 machine models and distributes its construction, forestry, and worksite products through a network of more than 1,300 dealer locations worldwide.
The Shearman & Sterling team that represented John Deere included partners Denise Grant (New York-Finance) and Laurence Bambino (New York-Tax) and associates Christopher Setteducati (New York-Finance) and Doug Jones (New York-Tax).