Shearman & Sterling represented Goldman, Sachs & Co., Jefferies LLC, William Blair & Company LLC, Oppenheimer & Co. Inc. and BB&T Capital Markets, a division of BB&T Securities, as initial purchasers in connection with the offering by Titan International, Inc. of $400 million of its 6.875% Senior Secured Notes due 2020. The Senior Notes are guaranteed by certain subsidiaries of Titan.

Shearman & Sterling also represented Goldman, Sachs & Co., as dealer manager, in connection with a simultaneous cash tender offer for any and all of Titan’s outstanding 7.875% Senior Notes due 2017 and a consent solicitation with respect to certain proposed amendments to, and consents under, the indenture governing the notes.

Titan, based in Quincy, Illinois, manufactures wheels and tires for the off-highway industry.

The following Shearman & Sterling team advised on this transaction: partner Lisa Jacobs (New York-Capital Markets), of counsel James Scott (New York-Capital Markets), and associates Merritt Johnson (New York-Capital Markets), Nicholas Moulton (New York-Capital Markets), Jocelyn Bush (New York-Real Estate), Laura Mulry (New York-Real Estate/Environmental) and Diana Berisha (New York-Corporate).