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MassMutual closes $1.5 billion structured term loan secured by company's intellectual property

June 2022

Client(s) Massachusetts Mutual Life Insurance Company and MassMutual Intellectual Property LLC

Jones Day represented Massachusetts Mutual Life Insurance Company and MassMutual Intellectual Property LLC in connection with refinancing a $1.5 billion structured term loan secured by intellectual property. The transaction included the entry into a five year Term SOFR interest rate hedge with a $1.5 billion notional amount.

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