Shearman And Sterling

News Mar 16, 2016

Shearman & Sterling Advises Service Corporation International in $1.4 Billion Financing

Shearman & Sterling LLP advised Service Corporation International, as borrower, on a $1.4 billion unsecured financing agented by J.P. Morgan Chase Bank, N.A. in connection with the redemption of all $295 million of outstanding 7.00% senior notes due 2017, consisting of a $700 million revolving credit facility and a $700 million term loan A. 

The Shearman & Sterling team included partner JD DeSantis (New York-Capital Markets), counsel Nathan Wood (Menlo Park-Finance) and associate Scott Johnsson (New York-Corporate).