Shearman & Sterling Advises on $1.8 Billion Financing for Watson Pharmaceuticals’ Acquisition

Shearman & Sterling advised Bank of America, N.A. as administrative agent, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC as joint book managers and joint lead arrangers and Barclays Bank PLC and J.P. Morgan Securities LLC as joint lead arrangers in connection with a $1.8 billion term loan financing for Watson Pharmaceuticals, Inc. related to its acquisition of Actavis Pharma Holding 4 ehf. and Actavis Inc.

The Shearman & Sterling team included partnerĀ Monica Holland (New York-Finance), counselĀ Susan Hobart (New York-Finance) and associate Colin Keefe (New York-Finance).

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