IHS Markit’s $1.25 Billion Senior Unsecured Revolving Credit Facility

Davis Polk advised IHS Markit Ltd. in connection with a $1.25 billion senior unsecured revolving credit facility.

IHS Markit Ltd. entered into a new multi-year Credit Agreement with Bank of America, N.A., as administrative agent, and a syndicate of lenders party thereto, for a senior unsecured revolving credit facility in an aggregate principal amount of $1,250 million.

Others parties involved were J.P. Morgan Chase Bank, N.A., as Syndication Agent, Citibank, N.A., London Branch, Hsbc Bank Plc, Royal Bank Of Canada, and Wells Fargo Bank, National Association, as Co-Documentation Agents, Bofa Securities, Inc., J.P. Morgan Chase Bank, N.A., Citigroup Global Markets, Inc., Hsbc Bank Plc, Rbc Capital Markets, and Wells Fargo Securities, Llc, as Joint Lead Arrangers, Bofa Securities, Inc., and J.P. Morgan Chase Bank, N.A., as Joint Bookrunners.

The proceeds of the credit facility were used to refinance IHS Markit’s existing credit facility and will also be available for general corporate purposes.

IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide.

The Davis Polk finance team included partner Jinsoo H. Kim (Picture) and associates Kwesi Larbi-Siaw, Ao Chen and Jeffrey Hon.

Involved fees earner: Ao Chen – Davis Polk & Wardwell; Jeffrey Hon – Davis Polk & Wardwell; Jinsoo Kim – Davis Polk & Wardwell; Kwesi Larbi-Siaw – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: IHS Markit Ltd.;

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Author: Ambrogio Visconti