Shearman & Sterling advised SafeNet, a Vector Capital portfolio company, in its $255 million dividend recapitalization of its first and second lien credit facilities arranged by Bank of America Merrill Lynch and Deutsche Bank Securities Inc.
The Shearman & Sterling team included partners Gus Atiyah (New York-Finance), Joshua Thompson (New York-Finance), Laurence E. Crouch (Palo Alto-Tax), Nathan Greene (New York-Investment Funds), Malcolm Montgomery (New York-Real Estate) and Andrew Tenzer (New York-Financial Restructuring & Insolvency); of counsel Bradley Sabel (New York-Financial Institutions Advisory & Financial Regulatory); counsel Barbara A. Edwards (New York-Finance), Sharon Lippett (New York-Executive Compensation & Employee Benefits) and Jason Pratt (New York-Environmental); and associates Barbara Zylberg (New York-Finance), Dana Lord (New York-Finance), Temi Adeniji (New York-Corporate), Zheng Bao (Palo Alto-Intellectual Property Transactions), Nina Garnham (London-Investment Funds), Benjamin Petersen (Palo Alto- Intellectual Property Transactions), Nhung Pham (New York-Asset Management), Gary Tashjian (New York-Executive Compensation & Employee Benefits), Jeffery Tate (Washington, DC-Tax) and Nathan Tasso (Washington, DC-Tax).
