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News Jun 17, 2015

Shearman & Sterling Advises Lenders on $7.4 Billion Financing for PepsiCo, Inc.

Shearman & Sterling advised Citigroup Global Markets, Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint lead arrangers and joint bookrunners, in connection with a $7.4 billion aggregate financing, including a $3.7 billion five-year facility and a $3.7 billion 364-day credit facility, for PepisoCo, Inc.

The Shearman & Sterling team included partner Maura O'Sullivan (New York-Finance) and counsel Susan L. Hobart (New York-Finance).

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