Overview
Apr 25, 2018
Shearman & Sterling advised Golar LNG Limited in connection with its entry into a Preliminary Agreement, and exchange of a Heads of Terms ("HoT") for a Charter Agreement, with BP Mauritania Investments Limited and BP Senegal Investments Limited, (together "BP") in their capacity as block operators. The HoT represents a commitment between Golar and BP to translate the key commercial terms into a full agreement and proceed with front-end engineering design ("FEED") for the provision of an FLNG vessel to support the development of Phase 1A of the Greater Tortue / Ahmeyin field, offshore Mauritania and Senegal ("GTA Project").
Apr 25, 2018
Shearman & Sterling partners Bjorn Bjerke (New York-Finance) and Stuart Fleischmann (New York-Capital Markets) authored this year’s USA – Law & Practice chapter in Chambers Global Practice Guides: Securitisation.
Apr 25, 2018
Shearman & Sterling advised Silversea Cruise Holding Ltd. (“Silversea Cruises”) on the offering of $70 million aggregate principal amount of 7.250% senior secured notes due 2025 by its wholly owned subsidiary Silversea Cruise Finance Ltd. The offering, which was conducted pursuant to Rule 144A and Regulation S under the U.S. Securities Act, closed on April 16, 2018. The proceeds of the offering will be used to fund future capital expenditure on its current fleet and for general corporate purposes.
Apr 24, 2018
Shearman & Sterling announces the arrival of Meredith Williams-Range as Chief Knowledge & Client Value Officer.
Apr 23, 2018
Shearman & Sterling represented the U.S. Environmental Protection Agency (EPA) in connection with the extension of a $134.5 million secured loan to King County, Washington for the development and financing of the Georgetown Wet Weather Treatment Station in Seattle.
Apr 20, 2018
Shearman & Sterling advised BBVA Securities Inc., Citigroup Global Markets Inc., and HSBC Securities (USA) Inc., on the offer to purchase for cash made by the Republic of Uruguay for its U.S. dollar-denominated 8.000% Global Bonds due 2022, 4.500% Global Bonds due 2024, 6.875% Global Bonds due 2025 and 7.875% Global Bonds due 2033.
Apr 23 - 25, 2018
Global Compliance partner Brian Burke will be speaking on the “Global Compliance ― Emerging Markets and Third-Party Due Diligence” panel at the Pharmaceutical Compliance Congress in Washington, D.C. on April 24, 2018.
Apr 27, 2018
Partner Jay Baris (New York-Investment Funds) will speak on a regulatory developments panel at the ABA’s 2018 Blockchain Technology, Digital Currency and ICO National Institute on April 27, 2018 in New York.
May 01 - 03, 2018
Once again, Shearman & Sterling will partner with the Society for Mining, Metallurgy & Exploration (SME) to host the 6th annual Current Trends in Mining Finance Conference, titled “Investing in Technology and Innovation & Managing Disruption and Risk in the New Normal,” from April 29 - May 2, 2018.