Thermo Fisher’s $5 Billion Revolving Credit Facility

Simpson Thacher represented Bank of America on the deal.

Thermo Fisher Scientific Inc. announced its $5 billion revolving credit facility that closed on January 7, 2022. The proceeds of the revolving credit facility are available for working capital and other general corporate purposes. Bank of America, acted as administrative agent and lead arranger Other lenders listed on the credit facility include Bank of America, Barclays Bank, City Bank, Chase Bank and Mizuho Bank.

Thermo Fisher, the world leader in serving science, has more than 75,000 employees and serves customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as in environmental, industrial quality and process control industries.

The Simpson Thacher team included Patrick Ryan (Picture), Ismael Duran and Leah Nudelman (Banking and Credit); and Michael Mann (Tax).

Involved fees earner: Ismael Duran – Simpson Thacher & Bartlett; Michael Mann – Simpson Thacher & Bartlett; Leah Nudelman – Simpson Thacher & Bartlett; Patrick Ryan – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Bank of America;

Avatar

Author: Youness Semri