CoStar Group’s $750 Million Revolving Credit Facility


Simpson Thacher represented Bank of America, N.A., as administrative agent, and the lenders in the transaction.

CoStar executed an amendment and restatement of existing $750 million revolving credit facility.

CoStar is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information.

The Simpson Thacher team for the transaction included, among others, John C. Ericson (Picture), Camilla Johnson and Arielle Trapp (Capital Markets); Alexandra Kaplan, Arman Naraghi-Pour and Michael Peragine (Credit); Jonathan Cantor, Andrew Purcell, Nicole Humphrey and Caroline Phillips (Tax); Jeanne Annarumma, Ashlie Lawton and Monisha Bhayana (Executive Compensation and Employee Benefits); Lori Lesser, Genevieve Dorment and Melanie Jolson (Intellectual Property); Tim Gallagher (Real Estate); and Jennie Getsin (Blue Sky).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Monisha Bhayana – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; John Ericson – Simpson Thacher & Bartlett; Timothy Gallagher – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; Nicole Humphrey – Simpson Thacher & Bartlett; Camilla Johnson – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Alexandra Kaplan – Simpson Thacher & Bartlett; Ashlie Lawton – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Arman Naraghi-Pour – Simpson Thacher & Bartlett; Michael Peragine – Simpson Thacher & Bartlett; Caroline Phillips – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Arielle Trapp – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Bank of America;

Author: Ambrogio Visconti