Shearman And Sterling

News Jan 22, 2014

Shearman & Sterling Advises Legg Mason on $400 Million Offering

Shearman & Sterling represented Legg Mason, Inc. as issuer in connection with the filing of a shelf registration statement and a shelf takedown of $400,000,000 aggregate principal amount of 5.625% Senior Notes due 2044.

Legg Mason, Inc. is a global asset management firm with approximately $680 billion in assets under management as of December 31, 2013.

The Shearman & Sterling team was led by of counsel James Scott (New York-Capital Markets) and associates James Park (New York-Capital Markets) and Terence Bokosha (New York-Corporate Group). Other key members of the team included partners Robert Evans (New York-Capital Markets), Lisa Jacobs (New York-Capital Markets), Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory), and Michael Shulman (Washington, DC-Tax); of counsel Danforth Newcomb (New York-Litigation) and Paul Schreiber (New York-–Investment Funds); and associates Melissa Henkel (Washington, DC-Tax) and Jason Spears (New York-Investment Funds).