Shearman & Sterling advised Citibank as administrative agent in connection with Hersha Hospitality’s $500 million senior secured credit facility.

Partner Agnès Dunogué (New York-Litigation) has been named to Benchmark Litigation’s “Top 250 Women in Litigation” guide for the second consecutive year. 

Shearman & Sterling advised RBC Europe Limited as agent in connection with PSP Capital’s U.S. Regulation S private placement of AUD230 million aggregate principal amount of 4.5663% Senior Notes due 2032.

Shearman & Sterling advises PAI Partners and European Camping Group on the acquisition of Vacanceselect by European Camping Group from Permira.

Shearman & Sterling represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC in connection with Duddell Street Acquisition Corp. (Duddell Street)’s business combination with FiscalNote Holdings, Inc. (FiscalNote), a leading AI-driven enterprise SaaS company that delivers legal and regulatory data and insights. The transaction was completed on July 29, 2022, and FiscalNote’s Class A common stock and warrants began trading on the New York Stock Exchange on August 1, 2022 under the ticker symbols “NOTE” and “NOTE WS,” respectively.

Shearman & Sterling advised Braun Group on the structuring of the acquisition of all shares in Assmann WSW components GmbH and its direct and indirect subsidiaries. The closing of the transaction took place on July 29, 2022.

Kris Ferranti (New York-Real Estate) has been selected by Bloomberg Law as an honoree in the publication’s 2022 special report titled “They’ve Got Next: The 40 Under 40.”

Shearman & Sterling advised Nickel Road Operating (Nickel Road) as it completed the sale of multiple oil and gas properties to Bayswater Resources (Bayswater) including 2,752 net leasehold acres; 161 mineral acres; 17 producing wells; working interests in 18 DUCs; and 68 operated well permits.

Shearman & Sterling is advising JetBlue Airways (NASDAQ: JBLU) as it announces a definitive merger agreement to acquire Spirit Airlines (NYSE: SAVE) for $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable upon Spirit stockholders’ approval of the transaction and additional “ticking fee” prepayments of $0.10 per share in cash starting in January 2023 through closing, for approximately $3.8 billion and an enterprise value of $7.6 billion.

Shearman & Sterling has promoted Augusto Ruiloba and Cassandra Cuellar to partner, and Robert O’Leary to counsel in the firm’s Latin America group.