Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

Nachrichten Sep 22, 2016

Shearman & Sterling Advises on Notes Offering by Cincinnati Bell and Related Tender Offer

Shearman & Sterling represented Morgan Stanley & Co. LLC, Citigroup Global Markets Inc. and Goldman, Sachs & Co. as joint book-running managers in connection with Cincinnati Bell Inc.’s offering of $425 million aggregate principal amount of 7.000% senior notes due 2024.

Shearman & Sterling also represented Morgan Stanley & Co. LLC as dealer-manager on Cincinnati Bell Inc.’s related tender offer for any and all of its outstanding 8.375% senior notes due 2020.

Cincinnati Bell Inc. provides integrated communications solutions – including local and long-distance voice, data, high-speed Internet and video – that keep residential and business customers in Greater Cincinnati and Dayton, Ohio connected with each other and with the world.

The Shearman & Sterling team included partners Kyungwon Lee (New York-Capital Markets) and Merritt Johnson (New York-Capital Markets); and associates Yi Han Goh (New York-Capital Markets), Erika Khalek (New York-Corporate), Sayuri Shimoda (New York-Corporate) and Brian Hurd (New York-Corporate). Other Shearman & Sterling lawyers who worked on the transaction were partner Kristen Garry (Washington, DC-Tax); counsel Jeff Salinger (New York-Environmental); and associates Eric Grosshandler (New York-Tax) and David Ling (New York-Compensation, Governance & ERISA).