A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Shearman & Sterling advised CVS Health Corporation on its $5 billion bond offering. Barclays Capital Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC...
United States
Shearman & Sterling advised CVS Health Corporation on its $5
billion bond offering. Barclays Capital Inc., BofA Securities,
Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and
Wells Fargo Securities, LLC acted as joint book-running managers on
the offering.
CVS Health's $5 billion bond offering consisted of $1
billion 5.000% Senior Notes due 2029, $750 million 5.250% Senior
Notes due 2031, $1.25 billion 5.300% Senior Notes due 2033, $1.25
billion 5.875% Senior Notes due 2053, and $750 million 6.000%
Senior Notes due 2063. The net proceeds from the offering, along
with available cash, are being used to repay the $5 billion term
loan that was used to partially finance CVS Health's
acquisition of Oak Street Health, Inc. in May 2023.
Contributor
A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
