Shearman & Sterling Advises on Huntington Bancshares’s $400 Million Notes Offering and $350 Million Notes Offering by The Huntington National Bank

Shearman & Sterling represented Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and The Huntington Investment Company as the joint bookrunning managers in connection with a registered offering by Huntington Bancshares Incorporated of $400 million aggregate principal amount of its 2.60% Senior Notes due 2018. Shearman & Sterling also represented the underwriters in connection with a concurrent 3(a)(2) offering by The Huntington National Bank, a subsidiary of Huntington Bancshares Incorporated, of $350 million aggregate principal amount of its 1.35% Senior Notes due 2016. The proceeds from the offerings will be used for general corporate purposes.

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Tags:  Shearman & Sterling LLP | New York

Simpson Thacher Represents Global Tower in its $3.3 Billion Sale to American Tower

The Firm is representing MIP Tower Holdings LLC (“MIP”), the parent company of Global Tower Partners (“GTP”) and related companies, in the $3.3 billion announced sale to American Tower Corporation (NYSE: AMT).  The purchase price will also include the assumption of $1.5 billion in existing debt, for a total purchase price of $4.8 billion. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2013.

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Tags:  Simpson Thacher & Bartlett LLP | New York