Shearman And Sterling

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Agnès Dunogué Listed Among Benchmark Litigation’s “Top 250 Women In Litigation”

August 05, 2021

Partner Agnès Dunogué (New York-Litigation) has been named to Benchmark Litigation’s “Top 250 Women in Litigation” guide. The list recognizes those who have “earned their place amongst the leading female litigators by participating in some of the most impactful litigation matters in recent history, as well as by earning the hard-won respect of their peers and clients.”

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Glatfelter to Acquire Jacob Holm for an Enterprise Value of $308 Million

August 05, 2021

Shearman & Sterling advised Glatfelter Corporation (NYSE: GLT) in connection with its agreement to acquire the Jacob Holm Group, a global leading manufacturer of premium quality spunlace nonwoven fabrics for critical cleaning, high-performance materials, personal care, hygiene and medical applications, for an enterprise value of approximately $308 million including the extinguishment of debt and subject to customary post-closing adjustments.

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Masdar Floating Solar Photovoltaic Power Project in Indonesia

August 05, 2021

Shearman & Sterling advised Abu Dhabi Future Energy Company PJSC (Masdar) and PT PJB Investasi (PJBI), a subsidiary of Indonesian state-owned offtaker PT PLN (Persero), on the $114 million financing of a 145MWac floating solar photovoltaic power project on the Cirata Reservoir in Indonesia, the largest project of its kind in South East Asia.

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King Street’s Restructuring of FC Girondins de Bordeaux

August 04, 2021

Shearman & Sterling advised King Street Capital Management, as shareholder, on the restructuring and sale of the Ligue 1 Football Club Girondins de Bordeaux by way of an ad hoc mandate and conciliation proceeding.

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XPAC Acquisition’s $200 Million IPO

August 03, 2021

Shearman & Sterling advised Citigroup Global Markets, as the sole book-running manager, and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A., as financial advisor, on the initial public offering of XPAC Acquisition Corp. of 20 million units at an offering price of $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant.

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Qualtrics’ $1.125 Billion Purchase of Clarabridge

August 02, 2021

Shearman & Sterling represented Qualtrics International in its $1.125 billion acquisition of Clarabridge, a leader in omnichannel conversational analytics. The transaction is expected to close in Q4 of 2021.

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Loxam’s €345 Million Five-Year Senior Secured Revolving Credit Facility

August 02, 2021

Shearman & Sterling advised the nine Mandated Lead Arrangers of a €345 million five-year senior secured revolving credit facility for Loxam Group.

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Shearman and Sterling Strengthens US Litigation Offering with Addition of Saul Perloff

August 02, 2021

Global law firm Shearman & Sterling today announces the appointment of Saul Perloff as a Litigation partner, based in Austin, Texas.

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Anton Oilfield Services Group’s $150 Million Exchange Offer and Concurrent New Money Offering

July 30, 2021

Shearman & Sterling represented Nomura International plc and Admiralty Harbour Capital Limited as the dealer managers in connection with the exchange offer by Anton Oilfield Services Group of up to the maximum acceptance amount of its outstanding 7.5% senior notes due 2022 for 8.75% senior notes due 2025. In connection with the exchange offer, the company issued $61.903 million 8.75% senior notes due 2025.

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Monetization of Chilean Tariff Stabilization Receivables

July 28, 2021

Shearman & Sterling advised Chile’s four largest electricity generation companies, AES Andes, Colbún, Enel and Engie Energía, in a novel sale and related financing transaction for their U.S. dollar accounts receivable originating under Chile’s Tariff Stabilization Law.