General Electric’s $19.8 Billion Credit Facility

Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent, and the lenders in connection with General Electric Company’s (NYSE: GE) new $19.8 billion unsecured credit facility.

GE is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect.

The Simpson Thacher team included William Sheehan (Picture), Mike Vernace and Susan Wang (Banking and Credit); Jeanne Annarumma (Executive Compensation and Employee Benefits); Adeeb Fadil (Environmental); Robert Holo, Jacqueline Clinton and Sarah Julian Duffy (Tax).

 

Involved fees earner: William Sheehan – Simpson Thacher & Bartlett; Michael Vernace – Simpson Thacher & Bartlett; Susan Wang – Simpson Thacher & Bartlett; Jeanne Annarumma – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Jacqueline Clinton – Simpson Thacher & Bartlett; Sarah Julian Duffy – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: JP Morgan Securities;