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Shearman & Sterling Advises on $1.25 Billion Financing for Dick’s Sporting Goods

4 Oct 2017

Shearman & Sterling advised Dick’s Sporting Goods and Dick’s Merchandising & Supply Chain and certain other subsidiaries on a $1.25 billion amendment, extension and upsizing of its secured revolving ABL credit facility. The ABL facility is agented by Wells Fargo Bank and may be used by Dick’s for general corporate purposes.

The Shearman & Sterling team included partners Jason White (New York-Finance) and Lona Nallengara (New York-Capital Markets); and associates Corey Reis and Abena Yeboa (both New York-Finance).

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