Nachrichten August 05, 2014

Shearman & Sterling Advises on Financing of TPG’s Acquisition of The Warranty Group from Onex Corp.

Shearman & Sterling advised J.P. Morgan Securities LLC, UBS Securities LLC, Goldman Sachs Bank USA, Morgan Stanley MUFG Loan Partners, LLC (acting through The Bank of Tokyo-Mitsubishi UFJ, LTD.), Morgan Stanley Senior Funding, Inc. and Citigroup Global Markets Inc., as joint lead arrangers and joint bookrunners, and BMO Capital Markets, KeyBank National Association and Fifth Third Bank, as joint lead arrangers, in connection with a $647 million aggregate financing, including a $30 million revolver and a $617 million five-year term loan A, related to TPG Capital’s acquisition of The Warranty Group, Inc. from Onex Corporation.

The Team