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 Morgan Stanley Senior Funding, Inc., as Administrative Agent, in respect of a $1.15 billion incremental financing for Culligan International, a portfolio company of BDT Capital Partners...
United States
Shearman & Sterling advised Morgan Stanley Senior Funding,
Inc., as Administrative Agent, in respect of a $1.15 billion
incremental financing for Culligan International, a portfolio
company of BDT Capital Partners, consisting of term B loans and
delayed draw term loans. Proceeds from the term b loans will be
used to finance the acquisition of a group of international
businesses from the Primo Water Corporation and for general
corporate purposes, while proceeds from the delayed draw term loans
will be used to finance permitted acquisitions, capital
expenditures, to repay revolving facility loans, and for other
general corporate purposes.
Founded in 1936 and headquartered in Rosemont, Illinois,
Culligan International manufactures and distributes water
filtration and treatment solutions for drinking and soft water in
the United States and internationally for residential, office,
commercial, and industrial applications. It offers water softeners,
drinking water systems, whole house water filters, bottled and
bottle less water coolers, showerheads and pitchers.
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.
