Shearman & Sterling advised HSBC Bank USA, National Association as Administrative Agent on an amendment to Samsonite’s existing facility, consisting of $828 million initial tranche A term loans, $665 million initial tranche B term loans, $650 million initial revolving commitments, to increase to $850 million the aggregate revolving commitments, refinance the initial tranche A term loans, prepay a portion of the initial tranche B term loans, and finance working capital needs.

Samsonite International S.A. engages in the design, manufacture, sourcing, and distribution of travel luggage bags worldwide. It offers luggage, business, computer, outdoor, casual, and women’s bags; and travel accessories and slim protective cases for personal electronic devices.

The Shearman & Sterling team below also included contract attorney Spencer Barrowes and legal assistants James Lik and Sunita Daswani.

The Team