Shearman & Sterling advised Citibank, N.A., as Administrative Agent, on a $2.5 billion five-year revolving credit facility and a $500 million 364-day revolving credit facility for Eaton Corporation, to finance general corporate purposes.

Headquartered in Dublin, Ireland, Eaton Corporation provides power management solutions. It offers electrical and industrial components, fire detection systems, wiring devices, circuit protection, and lighting products to aerospace, automotive, filtration, hydraulics, and plastic extrusion industries. Eaton operates globally.

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