Shearman And Sterling

News July 28, 2014

Shearman & Sterling Advises CVS in its $1.25 Billion Financing

Shearman & Sterling advised CVS Caremark Corporation as borrower in connection with a $1.25 billion senior unsecured revolving credit facility arranged by The Bank of New York Mellon, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC.

The Shearman & Sterling team included partner Gus Atiyah (New York-Finance); of counsels Reade Ryan (New York-Finance) and Bradley Sabel (New York-Financial Institutions Advisory & Financial Regulatory); counsel Jason Pratt (New York-Environmental); and associates Andrea Steeves (New York-Finance), Judy Fisher (Washington, DC-Tax), Mario Meeks (Washington, DC-Litigation), Nhung Pham (New York-Investment Funds) and Gary Tashjian (New York-Compensation, Governance & ERISA).