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EPA Closes First Loan Under WIFIA Program

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.

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Republic of Uruguay’s Tender Offer and $1.75 Billion Issuance of Bonds

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.

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Coca Cola European Partners’ Exchange Offers and Consent Solicitations

Apr 19, 2018

Shearman & Sterling advised Coca Cola European Partners plc (CCEP) on its offers to exchange certain U.S. dollar-denominated notes issued by its subsidiary, Coca-Cola European Partners US, LLC (CCEP US), for new notes issued by CCEP and guaranteed by CCEP US and cash, as well as related consent solicitations.  Concurrently, Shearman & Sterling also advised CCEP US on its solicitations of consents to substitute CCEP as the issuer and principal debtor and CCEP US as the guarantor under certain euro-denominated notes previously issued by CCEP US.

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Ontario Teachers’ $2 Billion Senior Notes Offering

Apr 19, 2018

Shearman & Sterling advised Citigroup Global Markets Limited, Goldman Sachs International and RBC Capital Markets, LLC, as joint book-running managers, and Barclays Bank PLC, Scotia Capital (USA) Inc. and TD Securities (USA) LLC, as co-managers, in connection with Ontario Teachers’ Finance Trust’s (OTFT) U.S. Rule 144A/Regulation S private placement of $2 billion aggregate principal amount of 2.750% Senior Notes due 2021. The notes are guaranteed by OTFT’s parent, Ontario Teachers’ Pension Plan Board.

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Jeewon Serrato Named to Cybersecurity Docket’s ‘Incident Response 30’ List

Apr 19, 2018

Counsel Jeewon Serrato (San Francisco-Privacy & Data Protection), head of the firm’s Privacy & Data Protection practice, has been named as one of Cybersecurity Docket’s 2018 “Incident Response 30.” Cybersecurity Docket’s “Incident Response 30” is a list of the 30 best and brightest data breach response lawyers.

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Shearman & Sterling Boosts Asia Finance Practice With the Addition of Kenneth Ching

Apr 16, 2018

Shearman & Sterling is delighted to announce that Kenneth Ching has joined its Finance practice as a counsel in Hong Kong to further strengthen its market-leading team in Asia.

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Transcontinental Gas Pipe Line Company, LLC’s $1 Billion Senior Notes Offering

Apr 15, 2018

Shearman & Sterling represented Barclays Capital Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Wells Fargo Securities, LLC as representatives of the initial purchasers in connection with the Rule 144A/Regulation S offering by Transcontinental Gas Pipe Line Company, LLC (“Transco”) of $400 million of its 4.000% senior notes due 2028 and $600 million of its 4.600% senior notes due 2048.

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The Bank of Montreal’s $2.25 Billion Medium-Term Notes Offering

Apr 13, 2018

Shearman & Sterling represented BMO Capital Markets Corp., Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC as lead underwriters in connection with Bank of Montreal’s registered public offering of $1.5 billion aggregate principal amount of its 3.100% senior notes due 2021 and $750 million aggregate principal amount of its floating rate notes due 2021 under its U.S. medium-term note program.

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Shearman & Sterling and CJA Move for Default Judgment in Case Against Assad Regime for Extrajudicial Killing of Reporter Marie Colvin

Apr 13, 2018

On March 22, 2018, Shearman & Sterling and the Center for Justice & Accountability (CJA) filed a motion with the U.S. District Court for the District of Columbia requesting entry of default judgment against the Syrian Arab Republic for its targeted killing of journalist Marie Colvin. The motion is supported by extensive evidence that the Assad Regime not only hunted down and deliberately assassinated Marie, but did so as part of a coordinated policy to target journalists in order to hide its atrocities from the world. 

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Project Framework Agreement Signed for $3 Billion Greenfield Refinery Project in Uganda

Apr 12, 2018

Shearman & Sterling was appointed by managing investor Yaatra Ventures to represent the Albertine Graben Refinery Consortium (AGRC) in connection with the signing of an exclusive Project Framework Agreement for the development, financing, construction, operation and maintenance of a greenfield refinery project in Hoima District, Uganda (the Refinery Project).