Shearman And Sterling

News Oct 15, 2014

Shearman & Sterling Advises Lenders on $750 Million Multi-currency Financing for Tiffany & Co.

Shearman & Sterling advised Bank of America, N.A., as administrative agent, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, The Bank of New York Mellon, Mizuho Bank, Ltd and J.P. Morgan Securities LLC, as joint lead arrangers and joint bookrunners, in connection with a $750 million multi-currency financing, including a $375 million four-year credit facility and a $375 five-year credit facility, for Tiffany & Co.

The Shearman & Sterling team included partners Maura O’ Sullivan (New York-Finance) and Larry Crouch (Palo Alto-Tax), counsel Susan Hobart (New York-Finance) and Sharon Lippett (New York-Compensation, Governance & ERISA), and associates Jeffrey Saccone (New York-Finance) and Alice Townes (Palo Alto-Tax).