Shearman And Sterling

News December 11, 2018

$6 Billion Revolving Credit Facilities for the United Parcel Service, Inc.

Shearman & Sterling advised JPMorgan Chase Bank, N.A., as administrative agent, on a $6 billion financing for United Parcel Service, Inc. consisting of a $3 billion five-year unsecured revolving credit facility and a $3 billion 364-day unsecured revolving credit facility.

United Parcel Service, Inc., headquartered in Atlanta, Georgia, provides letter and package delivery, specialized transportation, logistics, and financial services.

The Team

Practices