Shearman & Sterling Advises on $2 Billion Financing for Paccar

Shearman & Sterling advised Citigroup Global Markets Inc., Barclays Bank Plc and The Bank of Tokyo-Mitsubishi UFJ Ltd. as joint lead arrangers and joint book managers of a $1 billion five-year multicurrency revolving credit facility and $1 billion 364-day short term multicurrency revolving credit facility for PACCAR Inc. and some of its subsidiaries.

The Shearman & Sterling team included partnerĀ Maura O’Sullivan (New York-Finance), counselĀ Susan Hobart (New York-Finance) and associate Dovid Duchman (New York-Finance).

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