Shearman & Sterling advised the arrangers and initial purchasers in connection with Alliant Techsystems Inc.’s $1.96 billion senior secured credit facility (consisting of a new term loan A facility in an aggregate amount of $1.01 billion, a new term loan B facility in an aggregate amount of $250 million and a new revolving credit facility in an aggregate principal amount of $700 million) and offering of $300 million of its 5.25% Senior Notes due 2021. The proceeds were used to finance the acquisition by Alliant Techsystems Inc. of Bushnell Group Holdings, Inc. and to pay related fees and expenses.
Alliant Techsystems Inc. is a leading aerospace, defense and sporting company based in Arlington, Virginia operating in 21 states, Puerto Rico and internationally.
The following Shearman & Sterling lawyers advised on the transaction: partners Michael Benjamin (New York-Capital Markets), JD DeSantis (New York-Finance), and Kenneth Laverriere (New York-Executive Compensation & Employee Benefits); counsel Jeffrey Salinger (New York- Environmental); and associates Thaddeus Pitney (New York-Capital Markets), Quentin Wiest (New York-Capital Markets), Nathan Wood (Palo Alto-Finance), Dana Lord (New York-Finance), Laura Mulry (New York-Environmental), Doug Jones (New York-Tax), Nell Beekman (New York-Executive Compensation & Employee Benefits), Jenny Ding (New York-Corporate) and Jacob Bitton (New York-Corporate).
