Shearman And Sterling

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The Deal Honors Shearman & Sterling with Deal of the Year Awards

September 24, 2021

Shearman & Sterling was recognized with several prominent Deal of the Year awards by The Deal, a publication focused on corporate transactions, dealmakers and their advisers. The awards celebrate the dealmakers shaping the deal economy in 2021.

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Radiance Capital Investments Limited’s $300 Million Senior Green Notes Offering

September 24, 2021

Shearman & Sterling represented the initial purchasers in connection with Radiance Capital Investments Limited’s offering of $300 million 7.8% senior green notes due 2024.

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Sound Transit’s $1.6 Billion Downtown Redmond Link Extension And Refinancing

September 23, 2021

Shearman & Sterling advised the U.S. Department of Transportation in connection with the extension of an approximately $521 million secured loan to the Central Puget Sound Regional Transit Authority to fund a portion of the Downtown Redmond Link Extension Project in Seattle, Washington.

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Ontario Teachers’ $2 Billion Senior Notes Offering

September 21, 2021

Shearman & Sterling advised BofA Securities, CIBC World Markets, Citigroup and RBC Capital Markets, as joint book-running managers, and BMO Capital Markets, Morgan Stanley, National Bank of Canada Financial Markets, as co-managers, in connection with Ontario Teachers’ Finance Trust’s U.S. Rule 144A/Regulation S private placement of $2 billion aggregate principal amount of 0.875 percent senior notes due 2026.

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Electricidad Firme de México Holdings’ Senior Secured Notes Offering

September 20, 2021

Shearman & Sterling advised J.P. Morgan Securities, Mizuho Securities USA and Scotia Capital (USA), as initial purchasers in connection with a Rule 144A/Reg S offering of $350 million 4.900 percent senior secured notes due 2026 by Electricidad Firme de México Holdings, holding company of Saavi Energia, the fourth largest private power company by generation in Mexico.

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Celeo Redes’ and APG’s $1.1 Billion Acquisition of Colbún Transmisión

September 20, 2021

Shearman & Sterling advised J.P. Morgan Securities, as sole global coordinator and joint bookrunner, and Citigroup Global Markets, Santander Investment Securities, SMBC Nikko Securities America, as joint bookrunners, in connection with a Rule 144A/Regulation S offering of $1.1 billion 4.550 percent senior secured notes due 2051 issued by Alfa Desarrollo (Alfa), a newly formed company wholly-owned indirectly by Celeo Redes and certain investment funds managed by APG to consummate the $1.35 billion acquisition of Colbún Transmisión.

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Bilyana Belcheva Named a ‘Rising Star’ by IFLR

September 20, 2021

Associate Bilyana Belcheva (Singapore-Project Finance & Development) has been named a ‘Rising Star” in Energy and Natural Resources by IFLR at its Rising Stars Awards Asia-Pacific 2021. The awards recognize the achievements by emerging leaders across 28 practice area throughout the region.

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Volta Trucks’ Series B Financing

September 16, 2021

Shearman & Sterling advised Volta Trucks in its €37 million Series B funding round led by Luxor Capital Group.

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ENAP’s $560 Million 3.450 Percent Notes Offering

September 16, 2021

Shearman & Sterling represented Empresa Nacional del Petróleo (ENAP), a Chilean state-owned enterprise, in connection with its Rule 144A/Regulation S offering of $560 million 3.450 percent notes due 2031.

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PSP Investments’ $1.25 Billion Senior Notes Offering

September 15, 2021

Shearman & Sterling advised the agents in connection with PSP Capital’s U.S. Rule 144A/Regulation S private placement of US$1.25 billion aggregate principal amount of 0.500% Senior Notes due 2024. The notes were issued under PSP Capital’s debt issuance program, and are guaranteed by PSP Capital’s parent, Public Sector Pension Investment Board (PSPIB).