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Acquisition Financing for KLINGEL

Jul 16, 2018

Shearman & Sterling advised LBBW, SEB and Siemens Bank on the financing of the acquisition of KLINGEL Medical Metal GmbH, a leading manufacturer of high-precision and complex metal components, by IK Investment Partners’ IK VIII Fund.

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Bank of Montreal’s $2.25 Billion Medium-Term Notes Offering

Jul 13, 2018

Shearman & Sterling represented BMO Capital Markets Corp., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and UBS Securities LLC as lead underwriters in connection with Bank of Montreal’s registered public offering of US$1 billion aggregate principal amount of its 3.100% senior notes due 2020 and US$1.25 billion aggregate principal amount of its floating rate notes due 2020 under its U.S. medium-term note program.

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Adesto Technologies Corporation’s Follow-On Public Offering and Related Acquisition of Echelon Corporation

Jul 13, 2018

Shearman & Sterling represented Cowen and Company, LLC and Needham & Company, LLC, as representatives of the underwriters, in connection with Adesto Technologies Corporation’s follow-on public offering of 6,700,000 shares of common stock.  The net proceeds for the offering are intended to provide substantially all of the funding for Adesto’s acquisition of Echelon, which is expected to close in the third quarter of 2018.

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Group 42’s Acquisition of Texas Oilfield Fabrication & Pipeline

Jul 12, 2018

Shearman & Sterling advised holding company Group 42 on its purchase of Texas Oilfield Fabrication & Pipeline (TOFP). This acquisition adds pipeline and fabrication services to Group 42's family of offerings, and is part of its long-term strategic plan to expand its footprint substantially in the U.S.

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Grant and Anderson Named to ‘2018 Most Influential Black Lawyers’ List

Jul 11, 2018

Partners Denise Grant (New York-Project Development & Finance) and Paula Anderson (New York-Litigation) were named to the “2018 Most Influential Black Lawyers” list by Savoy Magazine

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Radisson's €250 Million Notes Offering and Entry Into a €20 Million Revolving Credit Facility

Jul 11, 2018

Shearman & Sterling advised J.P. Morgan Securities plc as sole bookrunner on Radisson’s offering of €250 million 6.875% senior secured notes due 2023. The firm also advised J.P. Morgan as mandated lead arranger in connection with a new €20 million revolving credit facility made available to Radisson.

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Ward McKimm Rejoins Firm as Capital Markets Partner

Jul 10, 2018

Shearman & Sterling is pleased to announce that Ward McKimm has rejoined the firm as a partner in our Capital Markets practice.

Based in the London office, Ward focuses on high yield bond offerings and other leveraged finance transactions, representing both underwriters and issuers internationally. He originally joined the firm in New York in 1997 and moved to London in 1999.

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Financing of the Acquisition of inprotec

Jul 06, 2018

Shearman & Sterling advised a consortium of banks consisting of Commerzbank, Bremer Kreditbank and ODDO BHF on the financing of the acquisition of a majority interest in inprotec AG by funds managed by Paragon Partners.

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IAIN ELDER DISCUSSES PROJECT DEVELOPMENT & FINANCE IN AFRICA

Jul 05, 2018

Partner Iain Elder (London – Project Development & Finance) was interviewed by Joseph Huse, CEO of Matterhorn Law on Newton Arbitration, in the first of a two-part series about project development and finance in Africa. Iain talks about his practice, the key industries in Africa such as energy, and the opportunities and challenges in the region.

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Growth Financing for Allgaier-Group

Jul 05, 2018

Shearman & Sterling advised Allgaier-Group, a worldwide operating automotive supplier and plant engineer, on a fundamental reorganization of the group’s financing. The new financing will facilitate long-term expansion plans and creates a stable debt structure, allows for the standardization of treasury processes as well as new financing options for international subsidiaries.