Shearman And Sterling

News February 16, 2023

INEOS’ $1.9 Billion Equivalent Cross-Border Term Loan Financing

Shearman & Sterling advised the Lead Arrangers, in connection with a $1.2 billion Term Loan B and a €700 million add-on Term Loan B for INEOS US Finance LLC and INEOS Finance PLC, as part of a cross-border refinancing. Proceeds from the facilities will be used to repay existing indebtedness and to finance general corporate purposes.

Headquartered in London, United Kingdom, INEOS Group, Ltd. is a global manufacturer of petrochemicals, specialty chemicals, and oil products.

The Shearman & Sterling team below included associates Camille Masse-Pfister, Alexandra Hopkinson and Ioana Severin.

The Team