Nachrichten December 23, 2016

Shearman & Sterling Advises on Cincinnati Bell’s Notes Offering

Shearman & Sterling represented Morgan Stanley & Co. LLC as sole lead bookrunning manager in connection with Cincinnati Bell Inc.’s add-on offering of $200 million aggregate principal amount of its 7.000% senior notes due 2024.

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 partner Merritt Johnson (New York-Capital Markets); and associates Erika Khalek (New York-Corporate) and Brian Hurd (New York-Corporate). Other Shearman & Sterling lawyers who worked on the transaction were partner Kyungwon Lee (New York-Capital Markets); counsel Jeff Salinger (New York-Environmental); and associate Adam Sternberg (New York-Tax).