Shearman And Sterling

News Aug 21, 2015

Shearman & Sterling Advises on ONEOK, Inc. Senior Notes Offering

Shearman & Sterling represented the underwriters, led by Citigroup Global Markets Inc., in connection with a shelf takedown of $500,000,000 aggregate principal amount of ONEOK, Inc.’s 7.50% Notes due 2023. The net proceeds from the offering are being used to fund the purchase of additional common units of ONEOK Partners, L.P.

The Shearman & Sterling team included partner Robert Evans (New York-Capital Markets) and associates Reed Schuster (New York-Capital Markets), Bob Xiong (New York-Capital Markets), Julia Twarog (New York-Corporate Group) and Robert Giannattasio (New York-Corporate Group). Other Shearman & Sterling lawyers involved in the transaction were partners Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory), Kristen Garry (Washington, DC-Tax), and Philip Urofsky (Washington, DC-Litigation); counsel Jason Pratt (New York-Environmental); and associates Jennifer Morton (New York- Financial Institutions Advisory & Financial Regulatory), Jenny Ding (New York-Corporate Group), Laura Mulry (New York-Environmental), Kammy Lai (Washington, DC-Tax), Adam Sternberg (New York-Tax) and Mario Meeks (Washington, DC-Litigation).