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.
The Shearman & Sterling team included partners Maura E. O’Sullivan(New York-Finance), Laurence Bambino (New York-Tax) and Joshua Thompson (New York-Finance)(representing Jefferies Finance LLC in this transaction), counsel Robert Fagiola (New York-Real Estate) and Sharon Lippett (New York-Executive Compensation & Employee Benefits) and associates Rishard Cooper (New York-Real Estate), Daniel Buchinger (New York-Real Estate), Milana Dabran (New York-Finance), Austin Glassman (New York-Capital Markets/Mergers & Acquisitions), Doug Jones (New York-Tax), Judson Oswald (New York-Finance), Jeff Saccone (New York-Finance) and Dan Smith (New York-Tax).
