Shearman & Sterling advised Morgan Stanley Senior Funding, Inc. and Barclays Capital, as joint arrangers, and Morgan Stanley Senior Funding, Inc., Barclays Capital, Goldman Sachs Lending Partners LLC, BMO Capital Markets and RBC Capital Markets, as joint bookrunners, in connection with a $1.2 billion senior secured term loan facility and a $250 million senior secured revolving credit facility for Sensata Technologies Holding N.V.

Sensata Technologies Holding N.V. is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions and is majority-owned by affiliates of Bain Capital Partners, LLC. The financing is part of a design to refinance substantially all of Sensata’s existing indebtedness.

The Shearman & Sterling team was led by partner Michael S. Baker (New York-Finance) and included partner Don J. Lonczak (Washington, D.C.-Tax) and associates Gaurav Chaudhari (New York-Finance), Ada Ho (New York-Finance), Michael Jokic (New York-Intellectual Property Transactions), Gloria Jung (New York-Intellectual Property Transactions) and Nathan Tasso (Washington, D.C.-Tax).