Shearman & Sterling Advises on $1 Billion Financing for Avon

Shearman & Sterling advised Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas, BBVA Compass, Goldman Sachs Bank USA, HSBC Bank USA, National Association, and Sovereign Bank, N.A. as joint lead arrangers and joint bookrunners in connection with a $1 billion four-year revolving credit facility for Avon Products, Inc. and Avon Capital Corporation.

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