Shearman & Sterling advised HSBC Bank USA, National Association and JPMorgan Chase Bank, N.A., as Administrative Agents, in connection with a $2.25 billion senior secured financing for Samsonite International SA, consisting of a $850 million revolving credit facility and a $800 million term loan A facility, both agented by HSBC and a $600 million term loan B facility agented by JPMorgan. Proceeds from the financing will be used to refinance existing debt. 

Headquartered in Luxembourg, Samsonite International S.A. engages in the design, manufacture, sourcing, and distribution of travel luggage bags worldwide. It offers luggage, business, computer, outdoor, casual, and women’s bags; and travel accessories and slim protective cases for personal electronic devices.

The Team