Simpson Thacher Represents Ingersoll Rand in Incremental Term Loan and Revolver Credit Facility Upsize
07.02.20
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Simpson Thacher recently represented Ingersoll Rand Inc. (“Ingersoll Rand”) and certain of its subsidiaries in connection with an incremental amendment to its existing credit agreement that (i) established new term loans in an aggregate principal amount of $400 million and (ii) increased the revolving credit commitments by an aggregate principal amount of $100 million.
Ingersoll Rand is a leading global provider of mission-critical flow creation technologies and associated aftermarket parts, consumables and services, which it sells across multiple end-markets.
The Simpson Thacher team for this transaction included James Cross, Matthew Farrell and Remy Denner (Banking and Credit); and Richard Fenyes, Amanda Weiss, Brian Mathes and Collin Hunt (Capital Markets).