Rolls-Royce plc’s extending its standby revolving credit facilities from £1.500bn to £2.500bn

Slaughter and May advised Rolls-Royce plc on the amendment and extension of its standby revolving credit facilities provided by a large syndicate of international finance institutions including, amongst other things, an increase of the total commitments from £1,500,000,000 to £2,500,000,000.

Rolls-Royce plc develops, manufactures, markets, and sells electromechanical and hybrid power systems in the United States and internationally. It offers aero engines for commercial aircraft and corporate jet market; defense and military aero engines and products; reciprocating engines and power systems; marine-power propulsion systems and products; and nuclear systems for civil power generation and naval propulsion systems. The company also provides maintenance, repair, overhaul, and aftermarket services.

Slaughter and May advised Rolls-Royce plc on the deal with a team led by Ed Fife (partner, in picture), assited by Saffiya Haddad (associate).

 

Involved fees earner: Ed Fife – Slaughter and May; Saffiya Haddad – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Rolls-Royce;