AmSpec Completes Term Loan, Delayed Draw Term Loan and Revolver Repricing
06.25.25
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The Firm recently represented AmSpec Parent LLC (“AmSpec”) in connection with the repricing of AmSpec’s existing senior secured credit facilities, which consist of a $650 million term loan facility, a $100 million delayed draw term loan facility and a $100 million revolving credit facility. In December 2024, the Firm represented AmSpec in connection with the syndicated refinancing of the original direct lending acquisition financing facilities.
For several decades, AmSpec has independently and accurately serviced many sectors throughout the world by providing quality testing, inspection, and certification services. AmSpec provides fully integrated solutions that enable specialized global trade for customers across the energy and chemicals and agriculture and food sectors by guaranteeing traded products are compliant with commercial and regulatory specifications through specialized techniques, proprietary technology and state-of-the-art equipment.
The Simpson Thacher team included Ben Persina, Jule Walsh and Francisca Johanek (Credit); and Edward Grais and Russell Light (Tax). Summer Associate Annie Cao provided valuable assistance.