Cases & Deals

Lam Research amends and restates existing $900 million unsecured term loan agreement

Clients Lam Research Corporation

Jones Day represented Lam Research Corporation, a leading supplier of wafer fabrication equipment and services to the worldwide semiconductor industry, in connection with the amendment and restatement of existing $900 million unsecured term loan agreement, to finance, in part, Lam Research Corporation's contemplated acquisition of KLA-Tencor Corporation and to pay fees and expenses in connection therewith. The amendment and restatement to the unsecured term loan agreement with JPMorgan Chase Bank, N.A. and other lenders provides for an increase of an additional $630 million to the term loan facility, for a potential total commitment of $1.53 billion.