Cases & Deals

Diversified global manufacturer of industrial components amends and restates existing revolving credit facility

Clients Diversified global manufacturer of industrial components

Jones Day represented a diversified global manufacturer of industrial components in connection with the amendment and restatement of its existing revolving credit facility. The amendment will provide a five-year, $1.3 billion credit facility, which is comprised of a $900 million revolving credit facility, a $100 million term loan A facility, and a $350 million delayed draw term loan facility. In addition, the amendment allows an increase by a maximum aggregate amount of up to $200 million and includes an option to incur an additional $250 million in term loan B debt.