Shearman & Sterling Advises Jefferies on Financing for SESAC Acquisition

Shearman & Sterling advised Jefferies Finance LLC, as administrative agent, collateral agent, sole lead arranger and sole lead bookrunner, in connection with a $360 million financing, comprised of a $250 million first lien financing and $110 million second lien financing, related to the acquisition of SESAC Holdings, Inc. by Rizvi Traverse Management.

The Shearman & Sterling team included partners Joshua Thompson (New York-Finance), Jessica Delbaum (New York-Antitrust), Douglas McFadyen (New York-Tax), and Steven Sherman (New York-Finance) and associates Matthew Gautier (New York-Finance), Nathan Wood (Palo Alto-Finance), Jordan Altman (New York-Intellectual Property Transactions), Milana Dabran (New York-Finance), Timothy Haney (New York-Antitrust), John Mellyn (New York-Antitrust), Daniel Smith (New York-Tax) and Gary Tashjian (New York-Executive Compensation & Employee Benefits).

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