Shearman & Sterling represented Barclays Capital Inc. as underwriter in connection with a secondary offering by Clayton, Dubilier & Rice Fund VIII, L.P. and CD&R Friends & Family Fund VIII, L.P. pursuant to a registration statement with the Securities and Exchange Commission of 14,033,793 shares of common stock of Sealed Air Corporation at a public offering price of $16.60 per share.

Sealed Air is the new global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap® brand cushioning, Cryovac® brand food packaging solutions and Diversey® brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations.

The Shearman & Sterling team included partners David Beveridge (New York-Capital Markets) and Douglas McFadyen (New York-Tax); counsel Harald Halbhuber (New York-Capital Markets) and Jeffrey Salinger (New York-Real Estate/Environmental); and associates Brian Bishop (New York-Capital Markets), Jennifer D. Morton (New York-Capital Markets), Mandee Lee (New York-Capital Markets), Doreen Xia (New York-Capital Markets), Jordan Altman (New York-Intellectual Property), Douglas Jones (New York-Tax), Michael Jokic (New York-Intellectual Property) and Jonathan Skinner (New York-Real Estate/Environmental).