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

News Feb 28, 2017

Shearman & Sterling Advises on Viacom’s $1.3 Billion Offering of Junior Subordinated Debentures

Shearman & Sterling represented Viacom Inc. in connection with a $650 million issue of its 5.875% fixed-to-floating rate junior subordinated debentures due 2057 and a $650 million issue of Viacom’s 6.250% fixed-to-floating rate junior subordinated debentures due 2057.

Headquartered in New York, Viacom is among the world’s leading global entertainment content companies.

The Shearman & Sterling team included partners Stephen Giove (New York-Capital Markets), Lisa Jacobs (New York-Capital Markets), Kyungwon Lee (New York-Capital Markets) and Michael Shulman (Washington, DC-Tax); counsel Nathan Tasso (Washington, DC-Tax); and associates Michael Daly (Washington, DC-Tax) and Daniel Yao (New York-Capital Markets).