CTI Foods Holding Co., LLC’s $110 Million Exit Revolving Credit Facility


Shearman & Sterling advised Barclays Bank PLC, as administrative agent, on a $110 million senior secured exit revolving credit facility for CTI Foods Holding Co., LLC to finance the repayment of the borrower’s DIP facility and to provide funds for general corporate purposes.

Headquartered in Wilder, Idaho, CTI Foods processes and supplies meat and other food products to the quick service restaurant industry.

Shearman & Sterling advised Barclays Bank PLC with a team including Maura O’Sullivan (Picture), Tomasz Kulawik, Joel Moss, Frank Oliver, Jay (Jiyung) Choi, Omer K. Hashmi, Jordan Wishnew and Fay Teloni.

Involved fees earner: Jay Choi – Shearman & Sterling; Omer Hashmi – Shearman & Sterling; Tomasz Kulawik – Shearman & Sterling; Joel Moss – Shearman & Sterling; Frank Oliver – Shearman & Sterling; Maura O’Sullivan – Shearman & Sterling; Fay Teloni – Shearman & Sterling; Jordan Wishnew – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Barclays Bank;