Shearman & Sterling advised Deere & Company, John Deere Capital Corporation and John Deere Bank S.A. as borrowers under a $1.5 billion multiyear credit facility and a $750 million 364-day credit facility arranged by J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated and a related amendment to the existing $2.5 billion 49-month credit facility.

Curtis, Mallet-Prevost, Colt & Mosle LLP represented World Courier Group, Inc., the premier global specialty-transportation and logistics provider for the biopharmaceutical industry, and its stockholders in its recent agreement to be acquired by AmerisourceBergen Corporation, one of the world’s largest pharmaceutical services companies, for $520 million in cash.

Davis Polk advised Credit Suisse Securities (USA) LLC, as representative of the several initial purchasers, on a Rule 144A/Regulation S offering by Spectrum Brands, Inc., of $300 million aggregate principal amount of its 6.75% senior notes due 2020. The notes are guaranteed by Spectrum Brands’ immediate parent company and by certain of its subsidiaries. Davis Polk also advised Credit Suisse Securities (USA) LLC as dealer manager and solicitation agent of a concurrent tender offer and consent solicitation by Spectrum Brands to purchase any and all of its outstanding 12% senior subordinated notes due 2019. The tender offer was funded with the proceeds of the 2020 notes offering.

Simpson Thacher recently represented the Underwriters, led by Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., Credit Agricole Securities (USA) LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc., in a registered offering of $400,000,000 6.375% Senior Notes due 2022 by Covanta Holding Corporation.

Shearman & Sterling is advising IntercontinentalExchange, a leading operator of global over-the-counter (OTC) markets, clearing houses and regulated futures exchanges, on its launch of a new clearing facility for OTC Non-Deliverable Forward Foreign Exchange (FX) contracts. The firm has previously advised ICE on the establishment of ICE Clear Europe and ICE Clear Credit, including the development of credit default swaps (CDS) clearing, as well as on several significant acquisitions and other transactions. ICE now lists over 300 unique CDS contracts for clearing and to date has cleared over $28 trillion in gross notional for U.S. and European index and single name CDS. ICE also provides clearing services for its futures and OTC markets, including the central clearing of more than 1.5 million futures and OTC Energy contracts per day.