Shearman & Sterling represented Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan, Mizuho, BNP Paribas, Credit Agricole CIB, Rabo Securities, BBVA and Truist Securities, as joint book-running managers, in connection with an offering by Sealed Air Corporation and Sealed Air Corporation (US), as co-issuers, of $775 million aggregate principal amount of their 6.125% senior notes due 2028. A portion of the net proceeds from the notes offering was used to finance Sealed Air's previously announced acquisition of Liqui-Box and to repurchase any and all of its outstanding 4.500% senior notes due 2023 pursuant to a concurrent tender offer.
Sealed Air is a leading global provider of packaging solutions integrating high-performance materials, automation, equipment and services.
The team below also included Gil Shauly (New York – Tax) and Sydney Phipps (New York – CG&E).
The Team
- MICHAEL CHERNICK
- STEPHEN GRUENDEL
- RYAN ROBSKI
- NICOLAS USANDIVARAS
- LORENZ HASELBERGER
- PAULA HOWELL ANDERSON
- THOMAS DONEGAN
- MEHRAN MASSIH
- ANDREW MEISER
- ELIAS ALLAHYARI
- JAI GARG