Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 18-11-2011 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | NXP Term Loan Facility | Industry: | Technology Hardware & Equipment |
| Description: |
Davis Polk advised Barclays Capital and Credit Suisse Securities (USA) LLC in connection with a new $500 million senior secured term loan facility for NXP B.V. Proceeds of the new facility are being used to redeem a portion of NXP's outstanding secured fixed- or floating-rate bonds. The facility documents also provide for additional incremental term facilities.
NXP Semiconductors N.V., headquartered in Eindhoven, the Netherlands, provides high-performance mixed-signal and standard product solutions that leverage its leading radio frequency, analog, power management, interface, security and digital processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications.
The Davis Polk credit team included partner James A. Florack and associates Tenley Laserson Chepiga and Lauren N. Gillespie. Partner Michael Mollerus provided tax advice. Courtney J. Mitchell was the legal assistant for the transaction. All members of the Davis Polk team are based in the New York office.
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| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Lender | Law Firm | Davis Polk |
| Borrower | United States | Lender | United States |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | James A Florack |
