Shearman And Sterling

News

Mergermarket Highlights Shearman & Sterling’s Prominence in Tech M&A

Oct 23, 2020

Mergermarket ’s League Table Analysis of top financial and legal advisors who worked on technology deals for the third quarter of 2020 highlighted Shearman & Sterling as an increasingly prominent advisor on technology M&A deals where both the bidder and target are based in the U.S.

Perspective

Monetizing Embedded ‘Non-core’ Infrastructure Assets

Oct 23, 2020

Owners of large-scale undertakings in the energy, natural resources and industrial sectors often have their own built and operated infrastructure assets which are critical to the operations of, but which (on a stand-alone basis) do not fall within, the “core” business of those owners.

News

Barentz Group Financing for the Acquisition of CI Capital Partner's Maroon Group

Oct 22, 2020

We are advising Bank of Ireland, Crédit Agricole, ING Bank N.V., National Westminster Bank, Rabobank, Goldman Sachs and MV Credit (the "Senior Lenders"), in connection with the first lien financing in support of the acquisition by the Barentz group of the Maroon Group.

News

Bridge Financing for the Acquisition of Front Yard Residential Corporation

Oct 22, 2020

Shearman & Sterling represented RBC Capital Markets in providing a bridge commitment to finance the $2.4 billion acquisition and privatization of Front Yard Residential Corporation by a venture formed by Pretium Partners and Ares Management Corporation.

Perspective

Hydrogen – Is it the Answer to Clean Energy?

Oct 22, 2020

In July, NEOM Company, Air Products and ACWA Power announced an agreement to develop the world’s first green hydrogen-based megaproject – a US$5 billion facility located at NEOM, Saudi Arabia’s city of the future.

Perspective

Governance & Securities Law Focus: Europe Edition, October 2020

Oct 22, 2020

In this newsletter, we provide a snapshot of the principal European, U.S., U.K. and selected international governance and securities law developments of interest to European corporates.

News

Petróleos Mexicanos’ Sale of $1.5 Billion in Debt Securities

Oct 21, 2020

Shearman & Sterling represented BofA Securities, Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and SMBC Nikko Securities America, Inc. as joint bookrunners for Petróleos Mexicanos (Pemex) in connection with its offering of $1.5 billion of 6.875 percent notes due 2025, guaranteed by Pemex’s wholly-owned subsidiaries Pemex Exploración y Producción, Pemex Transformación Industrial and Pemex Logística.

News

Banks on the Acquisition Financing of LISTAN by Afinum

Oct 21, 2020

Shearman & Sterling advised the banks on the financing of the acquisition of a majority investment in LISTAN Group by Afinum Achte Beteiligungsgesellschaft mbH & Co. KG. Afinum supports the founding team to realize further growth through penetration of the company’s core markets, continued internationalization, and further expansion of its product portfolio.

Perspective

Urofsky Speaks at International Summit on Anti-Corruption Compliance and Investigations Panel

Oct 21, 2020

Partner Philip Urofsky participated in a panel during the International Summit on Anti-Corruption Compliance and Investigations, hosted by Buenos Aires-based law firm Marval O’Farrell Mairal.

Perspective

Key Considerations When Buying Distressed Oil & Gas Assets

Oct 21, 2020

The oil and gas industry is facing unprecedent challenges following the price decreases and market unrest caused by the COVID-19 pandemic and more than 20 oil and gas producers have filed for bankruptcy already this year.