Shearman & Sterling represented Albemarle Corporation in connection with a notes offering consisting of €700 million aggregate principal amount of 1.875% notes due 2021. The notes are listed on the Irish Stock Exchange. The notes were offered outside the United States pursuant to Regulation S under the Securities Act.
Albemarle intends to use the net proceeds from the offering, together with borrowings, to finance the aggregate cash consideration of the previously announced acquisition of Rockwood Holdings, Inc.
The Shearman & Sterling team consisted of partners Lisa Jacobs (New York-Capital Markets) and Douglas McFadyen (New York-Tax); of counsel Paul Schreiber (New York-Investment Funds); and associates Brian Bishop (New York-Capital Markets), Will Forster (New York-Investment Funds) and Robert Giannattasio (New York-Corporate).