Shearman & Sterling advised Citibank as administrative agent in connection with Digital Realty’s agreement to acquire Ascenty for approximately $1.8 billion. 

Partners Todd Stenerson (Washington, D.C.-Litigation) and Ryan Shores (Washington, D.C.-Antitrust), with the assistance of associate Rachel Mossman (Washington, D.C.-Antitrust), authored the USA chapter for the International Comparative Legal Guide (ICLG) to: Competition Litigation 2019, published by Global Legal Group.

Shearman & Sterling advised Bunge Limited and Bunge Limited Finance Corp. (BLFC) in connection with BLFC’s issuance and sale of $600 million senior notes and related tender offer for BLFC’s outstanding 8.50% senior notes due 2019. Bunge Limited will guarantee the notes.

Shearman & Sterling advised Warner Music Group (WMG) on the acquisition of EMP Merchandising Handelsgesellschaft mbH (EMP), one of Europe’s leading specialty music and entertainment merchandise e-tailers. The acquisition is anticipated to close in the fourth quarter of 2018, subject to the satisfaction of certain conditions including competition authority approval in Germany.

Shearman & Sterling represented BAML, ABN AMRO, Barclays, Citigroup and Crédit Agricole on InterXion’s high yield “tap” offering of €200 million 4¾% senior notes due 2025.

Shearman & Sterling advised various acquirers on their acquisitions of indirect equity interests in South Field Energy LLC in connection with a $1.3 billion project financing to build a 1,182 MW combined-cycle gas turbine power generation facility in Columbiana County, Ohio, U.S. (South Field Project).