Shearman And Sterling

News March 17, 2014

Shearman & Sterling Advises Lead Arrangers in Refinancing and Dividend Recapitalization for Payless ShoeSource

Shearman & Sterling advised Morgan Stanley Senior Funding, Inc., Jefferies Finance LLC and MerchCap Capital Markets LLC as lead arrangers in connection with a $665 million financing, including a $520 million first lien term loan facility and a $145 million second lien term facility, related to the refinancing and dividend recapitalization of Payless ShoeSource, owned by Golden Gate Capital and Blum Capital Partners.

Team Lead