23 03 2016

Xerox secures $1 Billion Financing

Shearman & Sterling advised JP Morgan Chase Bank, N.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas Securities Corp., Citigroup Global Markets Inc., Credit Suisse Securities LLC, Goldman Sachs Bank USA and Mizuho Bank, Ltd., as joint lead arrangers and joint bookrunners, in connection with a $1 billion term loan for Xerox Corporation.


Xerox Corporation offers business process and IT outsourcing support, document technology and solutions. The company, led by Ursula M Burns, Sophie V Vandebroek, Carol A McFate, Kathleen Fanning and Darren Cassidy, is based in Norwalk (CT). The Shearman & Sterling team included partner Maura O’Sullivan (New York-Finance), counsel Susan Hobart (New York- Finance) and associate Lisseth Rincon (New York-Finance). Involved fees earner: Maura O’Sullivan - Shearman & Sterling; Susan Hobart - Shearman & Sterling; Lisseth Rincon - Shearman & Sterling;

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