Shearman & Sterling represented the underwriters for whom Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and SunTrust Robinson Humphrey, Inc. acted as representatives in connection with McCormick & Company, Incorporated’s public offering of $250 million aggregate principal amount of its 3.250% Notes due 2025.
McCormick & Company, Incorporated (NYSE: MKC) is a global leader in flavor, with the manufacturing, marketing and distribution of spices, seasoning mixes, condiments and other flavorful products to the entire food industry. Customers range from retail outlets and food manufacturers to food service businesses and sales are made under the McCormick® brand and a variety of other brands around the world, including Lawry’s®, Zatarain’s®, Simply Asia®, Thai Kitchen®, Ducros®, Vahiné®, Schwartz®, Club House®, Kamis®, Kohinoor®, DaQiao®, Drogheria & Alimentari® and Stubb’s®.
The proceeds of the offering will be used to repay outstanding indebtedness and for general corporate purposes.
The Shearman & Sterling team included partner Lisa Jacobs
(New York-Capital Markets) and associate Robert Giannattasio (New York–Corporate). Other Shearman & Sterling lawyers involved in the transaction were partner Kristen Garry
(Washington, DC-Tax), counsel Jeff Salinger (New York–Environmental) and associates Mary Jo Lang (Washington, DC-Tax), Laura Mulry (New York–Environmental) and Jenny Ding (New York-Financial Institutions Advisory & Financial Regulatory).