NetScout’s Increased and Extended $1 Billion Senior Secured Revolving Credit Facility

Cravath represented JPMorgan Chase Bank, N.A., as agent and arranger, in connection with an increased and extended $1 billion senior secured revolving credit facility made available to NetScout Systems, Inc.

NetScout Systems, Inc. designs, develops, manufactures, markets, and supports a family of products that enable businesses and service providers to manage the performance of computer networks and business software applications. The company, led by Anil K Singhal, Michael Szabados and Richard Kenedi, in 2017 recorded $1.162 Billion Revenues.

The transaction closed on January 16, 2018.

The Cravath team included partner Stephen M. Kessing (Picture) and associate DongHwa Kim on banking matters, and associate Rory M. Minnis on tax matters. Marc Bode also worked on banking matters and Alison E. Beskin worked on executive compensation and benefits matters.

 

Involved fees earner: Stephen Kessing – Cravath Swaine & Moore; Rory Minnis – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: JPMorgan Chase & Co.;