Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
Deal Date: | 10-01-2017 | Practice Area: | International Finance and Bank Credit |
Deal Title: | Magellan Pharmacy Services Term Loan | Industry: | Healthcare Equipment & Services |
Description: |
Davis Polk advised the administrative agent in connection with a USD200 million delayed draw term loan facility for Magellan Pharmacy Services, Inc., a wholly owned subsidiary of Magellan Health, Inc., the proceeds of which will be used for working capital and general corporate purposes. The facility was guaranteed by substantially all of Magellan's non-regulated subsidiaries and was to mature on December 29, 2017.
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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 | Kenneth J Steinberg |