Seagate Technology’s $1.5 Billion Revolving Credit Facility

Simpson Thacher represented Seagate Technology in connection with its new $1.3 billion unsecured revolving credit facility, which replaced its existing credit facility, and the first amendment thereto.

The amendment increased the revolving commitments to $1.5 billion. The Bank Of Nova Scotia acted as Administrative Agent.

Seagate crafts the datasphere, helping to maximize humanity’s potential by innovating world-class, precision-engineered data management solutions with a focus on sustainable partnerships.

The Simpson Thacher team included Dan Webb (Picture); Jennifer Levitt, Mike Vernace and Estell Lee (Credit); Andrew Blau and Ashlie Lawton (Benefits); Michael Isby (Environmental); and Rob Holo and Morgan Otway (Tax).

Involved fees earner: Andrew Blau – Simpson Thacher & Bartlett; Jung Eun Lee – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Ashlie Lawton – Simpson Thacher & Bartlett; Jennifer Levitt – Simpson Thacher & Bartlett; Morgan Otway – Simpson Thacher & Bartlett; Michael Vernace – Simpson Thacher & Bartlett; Daniel Webb – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Seagate Technology;