Shearman & Sterling advised Morgan Stanley Senior Funding, Inc., Credit Suisse Securities (USA) LLC and Jefferies Finance LLC as joint lead arrangers and joint book managers in connection with a $715 million senior secured bank financing, consisting of $640 million term loans and a $75 million revolving credit facility. The firm also advised Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and Jefferies & Company, Inc. as joint-lead and bookrunning managers in connection with a concurrent issuance and private placement of $300 million aggregate principal amount of 8.75% senior secured notes due 2019, in each case for FairPoint Communications, Inc.
The Shearman & Sterling team included partners Maura O’Sullivan (New York-Finance), Jason Lehner (New York/Toronto-Capital Markets) Craig Gibian (Washington, DC-Tax), and Douglas McFadyen (New York-Tax); counsel Jordan Altman (New York-Intellectual Property Transactions),Benjamin Cheng (New York-Finance), Sharon Lippett (New York-Executive Compensation & Employee Benefits), Jason Pratt (New York-Real Estate/Environmental), and Jeffrey Salinger (New York-Real Estate/Environmental); and associates Dora Athanasiadou (New York-Capital Markets), Gavin Back (New York-Finance), Nell Beekman (New York-Executive Compensation & Employee Benefits), Bilal Choksi (Toronto-Capital Markets), Mary Jo Lang (Washington, DC-Tax), Laura Mulry (New York-Real Estate), Hugo Sin (Toronto-Capital Markets), Jonathan Skinner (New York-Real Estate/Environmental) and Daniel Smith (New York-Tax).
