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Stanley Black & Decker $3.5 Billion Financing
A&O Shearman advised Citibank, N.A., as Administrative Agent, on a USD3.5 billion financing for Stanley Black & Decker, Inc. consisting of a USD1.25bn 364-day revolving credit facility and an amendment and restatement of its existing USD2.25bn five-year revolving credit facility, to finance general corporate purposes.
Headquartered in New Britain, Connecticut, Stanley Black & Decker, Inc. is a global provider of hand tools, power tools, outdoor products and related accessories, as well as a leading provider of engineered fastening solutions and attachment tools for infrastructure applications.
The A&O Shearman team consisted of counsels Susan Hobart and Barbara Zylberg.
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