Shearman & Sterling represented Wells Fargo Securities, LLC and RBS Securities Inc. as joint lead arrangers in connection with a $700 million five year revolving credit facility for Ernst & Young U.S. and Ernst & Young LLP.

The Shearman & Sterling team included partners Laurence E. Crouch (Palo Alto-Tax) and Maura O'Sullivan (New York-Finance), counsel Susan L. Hobart (New York-Finance) and associate Eva Rasmussen (New York-Executive Compensation & Employee Benefits).