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

News

Dec 18, 2018

$15 Billion Revolving Credit Facilities for AT&T

Shearman & Sterling advised Citibank, N.A., as administrative agent, on (i) a $7.5 billion three-year amended and restated credit agreement and (ii) a $7.5 billion five-year credit agreement for AT&T.

Dec 18, 2018

Shearman & Sterling Receives Seven PFI Awards

Shearman & Sterling has received seven 2018 PFI Awards, as announced in the Project Finance International Roll of Honour. This builds on the firm’s 2017 success when it received five accolades at the awards. The awards honor high performance and achievement over the past 12 months in the global project finance market.

Dec 18, 2018

Summit Hotel Properties’ $600 Million Credit Facility

Shearman & Sterling represented Deutsche Bank AG New York Branch, as administrative agent, in connection with senior unsecured credit facilities for Summit Hotel Properties.  The credit agreement allows up to $400 million of borrowings under a revolving credit facility and up to $200 million of borrowings under a term loan facility for a total facility capacity of up to $600 million. Additionally, the facilities contain an accordion feature which will allow Summit to increase the facilities by up to an additional $200 million (to a maximum of $800 million).

Dec 17, 2018

$1.1 Billion Revolving Credit Facility for Hasbro Inc.

Shearman & Sterling advised Bank of America, N.A., as administrative agent, on a $1.1 billion unsecured revolving credit facility for Hasbro Inc. that amends and restates its existing unsecured revolving credit facility.

Dec 17, 2018

Shearman & Sterling Continues Texas Expansion With New Capital Markets Team

Shearman & Sterling is delighted to announce that partners Bill Nelson and Kristina Trauger join the firm today along with counsel Judy Little and John Menke. The team will be based in the firm’s Houston, Texas office.

Dec 17, 2018

Silverfleet Capital bei Akquisitionsfinanzierung von Praxis Herning

Shearman & Sterling hat Silverfleet Capital (Silverfleet) und das Portfoliounternehmen 7days bei der Finanzierung der Add-on Akquisition von Praxis Herning A/S (Praxis), einem dänischen Unternehmen für Bekleidung für Gesundheitsberufe, beraten. Zu den privaten Verkäufern der Mehrheitsanteile zählen auch die beiden Geschäftsführer Jesper Rasmussen und Søren Wortmann, die weiterhin in ihren Funktionen an Bord bleiben werden und sich rückbeteiligen.

Upcoming Events

Dec 19, 2018

Understanding Blockchain Smart Contracts & Diversity in Blockchain

Shearman & Sterling and Diversity in Blockchain are hosting a two-part program featuring Blockmatics co-founder Dr. Solomon Lederer, who will discuss the basics of blockchain smart contracts. Dr. Lederer has been teaching about blockchain and Ethereum for three years and recently co-authored Blockchain: A Practical Guide to Developing Business, Law, and Technology Solutions.

Jan 08, 2019

CLE Breakfast Roundtable During JP Morgan Healthcare Conference

Shearman & Sterling is honored to host a CLE breakfast during the JP Morgan Healthcare Conference in San Francisco, CA on January 8, 2019. Our partners and healthcare industry group leaders will lead a discussion and facilitate an exchange of ideas on key trends in Life Sciences M&A and Corporate Governance. The discussion will include approaches to structuring M&A and licensing transactions and evolving corporate governance practices. 

Jan 10, 2019

M&A Engagement Letters: Strategies for Buyers, Sellers, Investment Banks and Their Counsel

Partner Michael Dorf (San Francisco-Mergers & Acquisitions) will participate in a CLE webinar that aims to help M&A counsel prepare engagement letters between a buyer or seller and its investment bank. It will also examine the principal sections of an engagement letter and discuss effective negotiation strategies. The webinar will take place on Thursday, January 10 at 1:00 p.m. ET.