Shearman & Sterling represented the manager in connection with Eaton Corporation's offering of €300 million guaranteed floating rate notes due 2024.

Eaton Corporation is a power management company with 2022 reported revenues of $20.8 billion. Eaton provides sustainable solutions that help its customers effectively manage electrical and mechanical power – more safely, more efficiently and more reliably. Eaton's mission is to improve the quality of life and the environment through the use of power management technologies and services. Eaton has approximately 92,000 employees and sells products to customers in more than 170 countries.

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