Shearman & Sterling represented Oxea Finance & Cy S.C.A. in connection with its offering of €300 million Senior Secured Notes due 2017 and $260 million Senior Secured Notes due 2017. The firm also represented Oxea in connection with the entering into of a new multi-currency revolving credit facility and a new multi-currency guarantee facility. The offering involved securing assets in Luxembourg, Germany, Hungary and the Netherlands.

Oxea is the second largest manufacturer of oxo chemicals globally, producing more than 60 products for customers in a wide range of industries. Oxea’s core shareholder is the private equity firm Advent International.

The Shearman & Sterling team of lawyers in the firm's London, Frankfurt and New York offices was led by capital markets partner Jacques McChesney. He was assisted by partners Marc Plepelits and Katja Kaulamo and associates Trevor Ingram, Alison Howell and Rob Beard. The team also included finance partner Esther Jansen, counsel Peter Hayes, Mehran Massih and Gabrielle Wong and associates Sebastian Cohnen, Monsiree Jirasarunya, Odilo Wallner and Patrick Heid. Partner Bernie Pistillo and associate Amy Lewis advised on tax aspects of the offering.