Shearman & Sterling advised Morgan Stanley Senior Funding, Inc., Jefferies Finance LLC, KKR Capital Markets LLC and KKR Corporate Lending LLC as lead arrangers in connection with a $275 term loan facility the proceeds of which were used to finance a portion of the purchase price for the acquisition of certain assets of Collective Brands, Inc., including the Payless ShoeSource line of business by Golden Gate Private Equity, Inc. and Blum Capital Partners L.P. Concurrently with this acquisition, Wolverine Worldwide purchased other assets of Collective Brands, Inc., including the Stride Rite line of business.

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Shearman & Sterling represented InRetail Perú Corp., a multi-format retail and real estate company and the retail arm of Intercorp Perú Ltd., in connection with its Rule 144A/Regulation S offering of US$400 million of common shares (excluding an over-allotment option granted to the Initial Purchasers). The common shares are listed on the Lima Stock Exchange.

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Global law firm White & Case LLP represented Calpine Corporation in obtaining a new $835 million term loan. The first lien senior secured term loan amortizes at a rate of 1 percent per year, bears interest at LIBOR plus 3.25 percent per annum (subject to a LIBOR floor of 1.25 percent) and matures in 2019 and will be used to redeem the currently callable portion of its outstanding corporate-level senior secured notes and retire a project-level term loan facility.

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Shearman & Sterling advised Citigroup Global Markets Inc., JPMorgan Securities LLC, Merrill Lynch, Pierce Fenner & Smith Incorporated, Barclays Bank Plc, Morgan Stanley Senior Funding, Inc. and RBC Capital Markets as lead arrangers and bookrunners in connection with a $2.3 billion three-year revolving credit facility for International Lease Finance Corporation.

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