Shearman & Sterling Advises on FAGE’s $420 million High Yield Notes Offering
Shearman & Sterling advised Citigroup, as sole bookrunning manager, on FAGE's $420 million high yield notes offering. The offering, which was conducted pursuant to Rule 144A and Regulation S under the US Securities Act, closed on August 3, 2016.
FAGE is a leading international dairy company with a focus on yogurt. FAGE has a significant and growing presence in the US yogurt market, growing international sales outside of the United States, and leading market positions in the Italian, UK and Greek yogurt markets.