Shearman And Sterling

News April 07, 2016

Shearman & Sterling Advises Lenders on $1.04 Billion Financing for Vista Outdoor’s Acquisition of Action Sports Business

Shearman & Sterling advised Bank of America, N.A., as administrative agent, and the lenders in a $1.04 billion senior secured financing in connection with the acquisition of the Action Sports division from BRG Sports, Inc. by Vista Outdoor Inc., consisting of a $640 million term loan A facility and a $400 million revolving credit facility.

The Team