Maura O’Sullivan

• Citibank, N.A. as Agent on a $6.3 billion DIP financing for Energy Future Intermediate Holding Company LLC and EFIH Finance Inc., consisting of a $5.475 billion senior secured DIP term loan facility and an $825 million senior secured delayed draw DIP term loan facility
• JPMorgan Chase Bank, N.A. as administrative agent and the joint lead arrangers and bookrunners in connection with a $2.2 billion senior secured refinancing for LPL Holdings, Inc.
• Morgan Stanley Senior Funding, Inc. and HSBC Bank USA, National Association in connection with a $2.425 billion financing for PTL Acquisition Inc. to finance the acquisition of Tumi Holdings, Inc. by Samsonite International, S.A. The financing also involved collateral located in multiple foreign jurisdictions including Belgium, Canada, Hong Kong, Hungary, Luxembourg and Mexico
• Morgan Stanley Senior Funding, Inc., The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Deutsche Bank Securities Inc., as lead arrangers and bookrunners, in connection with the $2.475 billion financing of Microsemi Corporation’s acquisition of 100% of the capital stock of PMC-Sierra, Inc.
• Bank of America as Agent on a $3 billion revolving credit facility for Visa Inc.
• Boston Scientific Corporation, as borrower, in connection with a $3 billion financing, including a refinancing of its $2 billion revolving credit facility arranged by J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, a new $750 million unsecured term loan arranged by J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, which backs the company’s acquisition of Endo International’s male urology business, and a $250 million revolving credit facility arranged by J.P. Morgan Securities LLC
• Credit Suisse Securities (USA) LLC, Macquarie Capital (USA) Inc. and ING Capital LLC, as joint lead arrangers and joint bookrunners, in the $245 million senior secured financing, consisting of a $195 million first lien financing and a $50 million second lien financing, related to the acquisition of Global Knowledge Training LLC by Rhône Capital LLC from MidOcean Partners
• BNP Paribas, as agent, in relation to a $15 billion financing, consisting of a $5 billion 364-Day credit facility, a $5 billion three-year credit facility and a $5 billion five-year credit facility for Toyota Motor Credit Corporation and its affiliates
• Morgan Stanley, Citigroup, Deutsche Bank Securities and RBC Capital Markets as joint lead arrangers and joint bookrunning managers in connection with a $640 million financing for Halyard Health Inc.’s spin-off from Kimberly-Clark Corporation, including a $390 million term loan B and $250 million of senior notes
• Morgan Stanley Senior Funding, Inc., Deutsche Bank Securities Inc. and Jefferies Finance LLC as joint lead arrangers and joint bookrunners in connection with a $725 million financing, comprising of a $450 million first lien term loan facility, a $75 million revolving credit facility and a $200 million second lien term loan facility, related to the acquisition of Grocery Outlet Inc. by Hellman & Friedman LLC

Shearman & Sterling’s global Finance practice helps companies and lenders successfully navigate all aspects of the bank financing process and obtain the best possible outcomes. We routinely handle cross-border financings and provide comprehensive advice to clients who need both bank and bond financings by creating tailored solutions to address particular financing needs, whether asset-based, leveraged or investment-grade. We work closely with our capital markets lawyers, particularly those focused on the high yield market, and have a long tradition of using a variety of securitization structures.

Our broad range of clients includes investment banks, commercial banks, non-bank credit providers, private capital, mezzanine and second-lien providers, corporate borrowers and private equity sponsors. Our experience advising on all sides of transactions allows us to leverage the insight that we’ve gained along the way to help clients navigate the financing process. Not only do we provide our clients with excellent legal counsel, but also with the commercial ramifications of a particular transaction, due to our longstanding relationships with participants at all levels of the capital structure.

Our Finance practice includes experienced lawyers around the world who execute transactions under New York, English, French, German, Hong Kong and Italian law, often involving multiple facilities, instruments, currencies and jurisdictions. Key areas of focus include leveraged financing, investment-grade financing, asset-based lending, acquisition financings, complex debt restructurings and structured finance.

Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients’ businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.

We have over 850 lawyers around the world speaking more than 60 languages and practicing U.S., English, French, German, Italian, Hong Kong, OHADA and Saudi law. Nearly half of our lawyers practice outside the United States. Combining legal knowledge with industry expertise, our lawyers provide commercial advice that helps clients achieve their ambitions.

We are committed to forging long-term relationships with our clients, providing them with genuine insight and practical advice, and supporting them as they navigate the challenges of our 21st century global economy.