Shearman And Sterling

News January 20, 2021

Shearman & Sterling Expands Leveraged Finance Offering with the Addition of Heather Waters Borthwick

Global law firm Shearman & Sterling today announces the appointment of Heather Waters Borthwick as a Leveraged Finance partner in New York.

Heather brings extensive experience to the team, having advised financial institutions, commercial and investment banks, direct lenders, private equity firms and corporate borrowers on a wide range of financing matters. These include syndicated and direct lending leveraged acquisition financings (both domestic and cross-border), asset-based financings, investment grade lending transactions, debtor-in-possession financings and exit financings. Heather’s practice also has synergies with our global Insolvency and Restructuring practice.

“Heather’s unique mix of skills, experience, and relationships is a perfect fit with our existing global leveraged finance offering" said David Beveridge, Senior Partner at Shearman & Sterling. "Her appointment is part of the continued execution of our broader strategy, which includes the expansion of our leveraged finance capabilities globally."

Commenting on Heather’s appointment, Alan Rockwell, Global Bank Finance Practice Group Leader added: “We are very pleased to welcome Heather to the firm. This is an exciting development for our leveraged finance offering. Heather's knowledge of the market and technical expertise complement our existing global platform. Her addition is indicative of our continuing commitment to grow our leveraged finance offering and expand our direct lender expertise.”

Heather added: "I am thrilled to join a firm with a such an established and well-regarded team of seasoned legal practitioners. I am excited to work alongside Alan Rockwell, Maura O’Sullivan, Michael Chernick, Ward McKimm and the rest of the team to continue to strengthen and grow the firm's leveraged finance platform and contribute to its continued success.”

Heather's hire follows the recent appointment of English law leveraged finance partner Gary Hamp in London.

Prior to joining Shearman & Sterling, Heather was a partner at White & Case LLP in New York.