Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News

Republic of Peru’s Tender Offer and Offering of Euroclearable Bonos Soberanos

Dec 13, 2018

Shearman & Sterling advised J.P. Morgan Securities plc, Morgan Stanley & Co. LLC, Santander Investment Securities Inc., Scotiabank Perú S.A.A. and Scotia Capital (USA) Inc. on the offer to purchase for cash made by the Republic of Peru of its 7.125% global bonds due 2019 and various series of its Bonos Soberanos, including in the form of global depositary notes (GDNs).

News

Shearman & Sterling Continues Expansion With Two New Infrastructure Partners

Dec 13, 2018

Shearman & Sterling announced that Tim Sheddick and Katie Hicks will join the firm as partners in the Project Development & Finance practice based in London.

News

Nexans Renewal of Its €600 Million Revolving Credit Facility

Dec 13, 2018

Shearman & Sterling advised Nexans on the signature of a €600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity until 2023. 

News

WuXi AppTec’s $1 Billion IPO

Dec 13, 2018

Shearman & Sterling advised Morgan Stanley Asia Limited, Huatai Financial Holdings (Hong Kong) Limited, Goldman Sachs (Asia) L.L.C. as joint sponsors and other Joint Global Coordinators and Underwriters on the US$1 billion global offering and initial public offering of WuXi AppTec Co., Ltd. (WuXi AppTec) on the Main Board of The Stock Exchange of Hong Kong Limited.

News

$1.7 Billion Financing for Jawa 1 LNG-to-Power Project in Indonesia

Dec 11, 2018

Shearman & Sterling advised a consortium led by Pertamina Power Indonesia, Marubeni Corporation and Sojitz Corporation in connection with the development and financing of the US$1.7 billion integrated LNG-to-power project located in West Java Province, Indonesia. The project achieved financial close on December 5, 2018.

News

$100 Million Financing for Lucky Bucks, LLC

Dec 10, 2018

Shearman & Sterling advised Lucky Bucks, LLC, as borrower, on an amendment that upsized its existing $75 million delayed draw secured term loan facility, agented by Goldman Sachs Specialty Lending Group, L.P., to an aggregate of $100 million in commitments and funded term loans.

News

Acquisition Financing of 440 Ninth Avenue

Dec 10, 2018

We advised MetLife Real Estate Investors in connection with a $137 million acquisition financing of 440 Ninth Avenue in New York City for Taconic Investment Partners and TH Real Estate.  440 Ninth Avenue is an 18-story, 411,000-square-foot building on New York City’s Far West Side. Taconic and TH purchased the property from Unizo Holdings for $269 million.

News

$5 Billion Revolving Credit Facility for Abbott Laboratories

Dec 10, 2018

Shearman & Sterling advised JPMorgan Chase Bank, N.A. as administrative agent on a $5 billion unsecured revolving credit facility for Abbott Laboratories.

News

Financing of the Acquisition of Ledlenser

Dec 10, 2018

Shearman & Sterling advised Bayerische Landesbank and DZ Bank as lenders on the financing of the acquisition of Ledlenser GmbH & Co KG (Ledlenser), a leading manufacturer of LED flashlights and headlamps. The indirect purchaser is AFINUM Achte Beteiligungsgesellschaft mbH & Co. KG  was advised by AFINUM Management GmbH, along with INVISION and the Management Team.  The seller is the Leatherman Tool Group.

News

Anna Guillard Sazhko Appointed to the Board of the Ukrainian Arbitration Association

Dec 10, 2018

Associate Anna Guillard Sazhko (Paris-International Arbitration) was appointed to the board of the Ukrainian Arbitration Association for a period of three years, following a vote casted on November 19, 2018. Located in Kyiv, the board consists of nine arbitration practitioners from various law firms around the world, several of which, including Shearman & Sterling, conduct high-profile work for Ukraine.