Shearman & Sterling advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, as a joint lead arranger and joint bookrunner, and Bank of America, N.A., as administrative agent, in connection with a $750 million asset-based loan facility for Del Monte Foods Company and certain of its subsidiaries related to the leveraged buyout of Del Monte Foods Company by Kohlberg Kravis Roberts & Co., Vestar Capital Partners and Centerview Partners.

The Shearman & Sterling team was led by partners Ronald M. Bayer and Michael S. Baker, counsel Benjamin Cheng, associate Christopher Setteducati and legal assistant Christine Dionne (all New York-Finance).