18 07 2015

$800 Million Financing for Houghton Mifflin Harcourt

Shearman & Sterling advised Citigroup Global Markets Inc. and Wells Fargo Securities, as joint lead arrangers and bookrunners, in connection with an $800 million secured term loan for Houghton Mifflin Harcourt Publishers Inc., HMH Publishers LLC and Houghton Mifflin Harcourt Publishing Company.


Houghton Mifflin Harcourt Publishing Company publishes pre-K–12 education solutions. The company, led by Linda K. Zecher, was founded in 1832 and is based in Boston, Massachusetts. Part of the proceeds of the loan will be used to finance the acquisition of the educational technology services business of Scholastic Corporation. The Shearman & Sterling team included partner Maura O’ Sullivan (New York-Finance) and associates Carrie Chen (New York-Finance) and Matthew Tosto (New York-Corporate). Involved fees earner: Carrie Chen - Shearman & Sterling; Maura O’Sullivan - Shearman & Sterling; Matthew Tosto - Shearman & Sterling;

LATEST ISSUE
LE FONTI LEGAL
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION

09/05/2018

LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION Read about le

LE FONTI AWARDS 2018 CELEBRATES CORPORATE EXCELLENCES IN HONG KONG

29/03/2018

On March 23rd 2018, the world’s leading corporate stars reunited for a special

LE FONTI AWARDS 2017 CELEBRATES CORPORATE EXCELLENCES IN DUBAI

14/12/2017

On December 14th, 2017, the world’s leading corporate stars reunited for a spec

LE FONTI AWARDS 2017 CELEBRATE CORPORATE EXCELLENCES IN LONDON

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr