Simpson Thacher Represents Joint Bookrunners and Joint Lead Arrangers in Baker Hughes’ Revolving Credit Facility
The Firm represented the joint bookrunners and joint lead arrangers in connection with a new $3 billion revolving credit facility for Baker Hughes, a GE Company, LLC (“Baker Hughes”).
Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, Baker Hughes’ innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet.
The Simpson Thacher team for the transaction included William Sheehan, Mike Vernace and Jesse Feng (Banking and Credit); Jeanne Annarumma (ERISA); and Tyler Robbins (Tax).