Shearman & Sterling advised Legg Mason, Inc. as borrower under a $1 billion aggregate financing, including a $500 million five-year term loan and a $500 million five-year revolving credit facility agented by Citibank, N.A.
The Shearman & Sterling team included partners Maura O’Sullivan (New York-Finance), Kenneth J. Laverriere (New York- Executive Compensation & Employee Benefits) and Don J. Lonczak (Washington, DC-Tax); of counselJames Scott (New York-Capital Markets); counsel Benjamin Cheng (New York-Finance); and associates Gavin Back (New York-Finance), Merritt Johnson (New York-Capital Markets), Gary Tashjian (New York- Executive Compensation & Employee Benefits) and Jeffrey B. Tate (Washington, DC-Tax).
