The Firm represented JPMorgan Chase Bank, N.A. in connection with $2 billion of bridge financing and $2 billion of term loan financing to Thermo Fisher Scientific Inc. in connection with its announced acquisition of FEI Company. Additionally, the Firm represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC and JPMorgan Chase Bank, N.A. in connection with a new $2.5 billion revolving facility for Thermo Fisher.
Thermo Fisher is the world leader in serving science, with revenues of $17 billion and more than 50,000 employees in 50 countries. FEI designs, manufactures, and supports the broadest range of high-performance microscopy workflows that provide images and answers in the micro-, nano-, and picometer scales and has a worldwide team of over 2,700 employees.
The Simpson Thacher team included Patrick Ryan, Dan Kay, Benjamin Baucom and Tracy Ke (Banking and Credit); Mark Brod, Tadashi Okamoto and Meaghan Krupa (Capital Markets); Ed Chung (M&A); Jasmine Hay (Tax); and David Rubinsky (Executive Competition and Employee Benefits).