Davis Polk advised Facebook, Inc. in connection with a new $6.5 billion senior unsecured revolving credit facility. J.P. Morgan Chase Bank, N.A. acted as administrative agent, and J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint lead arrangers.
Headquartered in Menlo Park, California, with a market capitalization of approximately $111.51 billion, Facebook, Inc. is a social media network connecting more than 900 million monthly active users.
The Davis Polk credit team included partners Joseph P. Hadley and Meyer C. Dworkin and associates Francesca Campbell and Adam L. Shpeen. Members of the Davis Polk team are based in the New York office.
Matter Type
Banking & Finance - Bank Lending/Credit Facilities
Industry
Technology, Media & Telecoms
News Category
Banking & Finance
Technology, Media & Telecoms