Shearman And Sterling

News Aug 10, 2017

Shearman & Sterling Advises on Jefferies Finance $400 Million Senior Notes Offering

Shearman & Sterling advised Jefferies Finance LLC (“Jefferies Finance”) and JFIN Co-Issuer Corporation in connection with their Rule 144A offering of $400 million aggregate principal amount of 7.250% senior notes due 2024. Concurrently with the offering, the firm also advised Jefferies Finance and JFIN Co-Issuer Corporation on the refinancing of their existing senior secured term loan with a new $250 million senior secured term loan.

Jefferies Finance is a commercial finance company that structures, underwrites and syndicates primarily senior secured loans to corporate borrowers. Since its inception in 2004, Jefferies Finance has served as lead arranger of approximately 700 transactions representing over $130 billion in arranged volume.

The Team