Shearman & Sterling acted as counsel to Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. Incorporated as underwriters in connection with the public offering of $750 million aggregate principal amount of 7.625% Senior Notes due 2021 by NII Holdings, Inc. through its wholly owned subsidiary NII Capital Corp. NII Holdings is a provider of wireless communication services in Latin America, primarily targeted at meeting the needs of customers who have medium to high usage patterns.

The Shearman & Sterling team included partners Andrew Schleider (New York-Capital Markets), James Scott (New York-Capital Markets), Laurence Bambino (New York-Tax) and Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory); associates Joe M. Sasanuma (New York-Capital Markets), Steven Blau (New York-Financial Institutions Advisory & Financial Regulatory), and Douglas Jones (New York-Tax); international associates Gabriela Laufer (New York-Capital Markets) and Wolfram Prusko (New York-Capital Markets); and legal assistant Daniela Ritter (New York-Capital Markets).