Sarah E. Beshar

Partner

sarah.beshar@davispolk.com

As a partner in Davis Polk’s Corporate Department, Ms. Beshar represents clients in U.S. and global capital markets transactions and advises on general securities and corporate governance issues. She regularly works for issuers and underwriters and has taken a leading role in public and private debt and equity offerings, including initial public offerings, secondary and convertible offerings and investment-grade and non-investment-grade debt. Ms. Beshar has also advised many companies in connection with their general corporate governance, compliance and securities work. A recent noteworthy transaction was advising the underwriters on the General Motors $23.1 billion initial public offering, which was the largest IPO in history.

Ms. Beshar also has significant experience in the development of new financial products, including various types of synthetic exchangeable securities and other equity-, index-, commodity- and currency-linked products for retail and institutional investors. She is lead counsel to JPMorgan Chase on their registered and unregistered structured products issuance programs.

Contact

New York
450 Lexington Avenue
New York, NY 10017
P: 212-450-4131
F: 212-701-5131

Related Practices

Capital Markets

Bar Admissions

State of New York

Education

B.Juris., University of Western Australia, 1980
- First Class Honours
LL.B., University of Western Australia, Faculty of Law, 1981
- First Class Honours
B.C.L., Magdalen College, University of Oxford, 1984

Work Highlights

Completed the largest initial public offering in history ($23.1 billion initial public offering of General Motors)
Has represented Morgan Stanley, J.P. Morgan Securities, Credit Suisse First Boston, Banc of America and other banks in capital markets transactions
Advises on JPMorgan Chase’s structured products programs and other complex securities
Completed the largest debt offering in U.S. history (General Motors’ $17.6 billion debt sale)

Recent Transactions

Advised on the $101.9 million SEC-registered secondary offering of EnerSys
Advised on the General Motors $23.1 billion initial public offering
Advised J.P. Morgan Securities Inc. in connection with the Range Resources equity and guaranteed high-yield offering
Advised Limited Brands on its $500 million guaranteed high-yield notes offering
Advised Patriot Coal Corporation on its $250 million SEC-registered offering of high-yield senior notes

Recognition

Ms. Beshar is listed as a leading lawyer in Chambers Global: The World’s Leading Lawyers for Business and Chambers USA: America’s Leading Lawyers for Business.

Of Note

Trustee, University of Western Australia (America)
Trustee, Magdalen College, Oxford University

Professional History

Partner, 1994-present
Associate, 1986-1994

News

Range Resources Corporation $600 Million Senior Subordinated Notes Offering

Davis Polk Advises Limited Brands on Its $1 Billion Notes Offering

Praxair, Inc. $600 Million Notes Offering

View More > >

Client Publications

Governance Practices for IPO Companies: A Davis Polk Survey
Client Memorandum

FINRA Files Amended Communications Rules – Impact on Structured Products
Client Memorandum

SEC Proposes Rules to Implement Dodd-Frank Mine Safety Disclosure Requirements
Client Memorandum

View More > >

Events

Sarah Beshar to Speak at PLI’s “Securities Offerings 2012” Program

Sarah Beshar to Speak at PLI’s “Securities Offerings” Program

Sarah Beshar to Speak on Three Panels at PLI’s “Securities Offerings 2010” Conference

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