Shearman & Sterling Advises on $1.6 Billion Refinancing for LPL Holdings

Shearman & Sterling advised Bank of America, N.A. as administrative agent and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Goldman Sachs Bank USA as joint lead arrangers in connection with a $1.6 billion senior secured refinancing for LPL Holdings, Inc.‬ Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman Sachs Bank USA, J.P. Morgan Securities LLC and Morgan Stanley Senior Funding, Inc. acted as joint bookrunners in connection with the refinancing.

‪The Shearman & Sterling team included partner Maura O’Sullivan (New York-Finance); counsel Robert Fagiola (New York-Real Estate), Jason Pratt (New York-Real Estate/Environmental), and Sanjay Thapar (New York-Finance); and associates Paul Epstein (New York-Project Development & Finance), Brian Carter (New York-Finance), Matthew Gautier (New York-Finance), Doug Jones (New York-Tax), Michael Jokic (New York-Intellectual Property Transactions), Eva Rasmussen (New York-Executive Compensation & Employee Benefits) and Matthew Stoller (New York-Real Estate).‬