Shearman & Sterling represented Goldman Sachs International and Merrill Lynch International as initial purchasers in Ontex IV S.A.’s offering of €320 million senior fixed rate secured notes due 2018, €280 million senior secured floating rate notes due 2018 and €235 million senior secured fixed rate notes due 2019.

Ontex IV S.A. is Europe’s leading manufacturer of private-label hygienic disposable products. Ontex IV S.A. is owned by Goldman Sachs Capital Partners VI, a group of funds managed by Goldman Sachs & Co., and TPG Capital.

The Shearman & Sterling team of lawyers in the firm’s London and New York offices that advised on the high yield bonds offering was led by capital markets partner Jacques McChesney, assisted by associates Rebecca Marques and Mike Kung. Associate Amy Lewis advised on tax aspects of the offering.