Shearman And Sterling

News August 08, 2014

Shearman & Sterling Advises on Sunshine Oilsands Ltd.’s $200 Million Senior Secured Notes Offering

Shearman & Sterling represented Imperial Capital, LLC, Morgan Stanley & Co. LLC and Scotia Capital (USA) Inc., as joint book-running managers, in connection with a Rule 144A/Regulation S offering of $200 million aggregate principal amount of 10% senior secured notes due 2017 of Sunshine Oilsands Ltd. (“Sunshine”).

Sunshine is a Calgary, Alberta-based independent energy company focused primarily on the evaluation, development and production of their portfolio of oil sands leases in the Athabasca region of northeastern Alberta.

The Shearman & Sterling team included partners Jason Lehner (Toronto/New York-Capital Markets) and Larry Crouch (Palo Alto-Tax) and associates Kevin Roggow (Toronto-Capital Markets), Ana Aur (Toronto-Capital Markets), Joe Tucci (Palo Alto-Tax), Drew Valentine (Toronto-Capital Markets) and Jeremy Fancher (San Francisco-Capital Markets).