More On

Latham partner Sheridan assists underwriters on $5.5 billion Exxon bond beal, $175 million Sirva IPO

Not only did Sheridan assist underwriters on Exxon Mobil Corp.’s first U.S. bond offering in more than 20 years, but she’s advising the underwriting team on the IPO of Sirva Inc. for up to $175 million.

Latham & Watkins partner, Rachel W. Sheridan

It was a busy first quarter for Latham & Watkins partner, Rachel W. Sheridan. Not only did she assist underwriters on Exxon Mobil Corp.’s first U.S. bond offering in more than 20 years, but she’s advising the underwriting team on the IPO of Sirva Inc. for up to $175 million.

Exxon’s $5.5 billion bond offering, its biggest on record according to Latham, consists of a five-part offering of fixed- and floating-rate notes. Exxon will use the proceeds to finance capital spending, for acquisitions and to refinance commercial paper borrowings. J.P. Morgan & Co. and Morgan Stanley & Co LLC were among the active bookrunners on the deal along with HSBC Holding PLC, according to Reuters.

Contributing Author

author image

Amy I. Stickel

Amy I. Stickel has extensive experience covering the legal, financial and pharmaceutical industries as a writer and editor. A past managing editor of Corporate Legal Times and...

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.