PNC Bank’s $900 Million Revolving Credit Facility

PNC Bank's $900 Million Revolving Credit Facility

Jones Day advised PNC Bank on the deal.

PNC Bank, National Association acted as administrative agent and PNC Capital Markets LLC, as joint lead arranger and joint bookrunner, in connection with a fourth amended and restated credit agreement for a manufacturer and supplier of products that protect health and safety, providing a $900 million revolving loan facility. The credit facility also included an ESG adjustment to the applicable margin based on an employee diversity target and a safety target for the Company.

The Jones Day team was led by Brian Trudgen (Picture).

Involved fees earner: Brian Trudgen – Jones Day;

Law Firms: Jones Day;

Clients: PNC Bank; PNC Capital Markets LLC;

Author: Martina Bellini