Ingersoll-Rand’s Refinancing of $1 Billion Revolving Credit Facility

Simpson Thacher represented Ingersoll-Rand plc (NYSE: IR) in a refinancing of its $1 billion revolving five-year credit facility. The new facility replaces an existing facility that was to expire in March 2021.

Ingersoll-Rand Public Limited Company manufactures industrial equipment. The company, led by Michael W Lamach, Jason E Bingham and Mark Wagner, in 2017 recorded $14 Billion Revenues.

The Simpson Thacher team included Chris Brown (Picture), Jim Doyle and Mark Haddox (Banking and Credit); Rob Holo and Jasmine Hay (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).
Involved fees earner: Christopher Brown – Simpson Thacher & Bartlett; James Doyle – Simpson Thacher & Bartlett; Mark Haddox – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Jeanne Annarumma – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Ingersoll-Rand plc;

 

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Author: Ambrogio Visconti