Shearman & Sterling advised Jefferies Finance LLC, as administrative agent, collateral agent, sole lead arranger and bookrunner, in connection with a $355 million refinancing and one-time dividend transaction, comprised of a $220 million first lien term loan, a $25 million first lien revolver, and $110 million second lien term loan facility, for P2 Energy Solutions, Inc., a portfolio company of Vista Equity Partners which provides software and data services to the upstream oil and gas industry.
The Shearman & Sterling team included partners Joshua Thompson (New York-Finance), Laurence Crouch (Palo Alto-Tax), Douglas McFadyen (New York-Tax), and Malcolm Montgomery (New York-Real Estate; counselMichael J. Steinberg(New York-Finance), Sharon Lippett (New York-Executive Compensation & Employee Benefits), and Jeffrey L. Salinger(New York-Real Estate/Environmental); and associates Judson Oswald (New York-Finance), Matthew Gautier (New York-Finance), Milana Dabran (New York-Finance), Jordan Altman (New York-Intellectual Property Transactions), Rishard Cooper (New York-Real Estate), Timothy W. Hanson (New York-Executive Compensation & Employee Benefits), Michael Jokic (New York-Intellectual Property Transactions), Laura Mulry (New York-Real Estate), Daniel B. Smith (New York-Tax) and Gary Tashjian (New York-Executive Compensation & Employee Benefits).
