News & Events

Simpson Thacher recently represented CB Richard Ellis Group, Inc. and its wholly-owned subsidiary, CB Richard Ellis Services, Inc., in connection with CB Richard Ellis Services’ entry into senior secured credit facilities in an aggregate amount of up to $1.35 billion, consisting of a $650.0 million term loan facility and a revolving credit facility of up to $700.0 million.  Proceeds were used to repay all amounts outstanding under CB Richard Ellis Services’ existing secured credit facility.  

CB Richard Ellis Group, Inc. is the world’s largest commercial real estate services firm, based on 2009 revenue, with leading full-service operations in major metropolitan areas throughout the world. 

The Simpson Thacher team included Marissa Wesely, Julia Kohen and Daniel Sirkis (Credit); William Brentani and James Toy (Capital Markets); Dan Foster (Tax); and Lori Lesser and Meryl Rosen (IP).  Paralegals Alexandra McNicholas and Tiffany Vacca also provided valuable assistance.