Shearman And Sterling

News September 16, 2015

Shearman & Sterling Advises on Lowe’s Companies, Inc.’s $1.75 Billion Investment Grade Debt Offering

Shearman & Sterling represented J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and SunTrust Robinson Humphrey, Inc. as representatives of the several underwriters in connection with Lowe’s Companies, Inc.’s public offering of $250 million of its Floating Rate Notes due 2018, $750 million of its 3.375% Notes due 2025 and $750 million of its 4.375% Notes due 2045.

The following Shearman & Sterling team advised the underwriters in the transaction: of counsel Joel Klaperman (New York-Capital Markets); partner Robert Evans (New York-Capital Markets); and associates Reed Schuster (New York-Capital Markets), Yi Han Goh (New York-Capital Markets) and Abiola Fasehun (New York-Corporate). Other Shearman & Sterling lawyers involved in the bond offering were partners Philip Urofsky (Washington, DC-Litigation) and Douglas McFadyen (New York-Tax) and associate Adam Sternberg (New York-Tax).