Simpson Thacher Represents Hershey in its $1.5 Billion Revolving Credit Facility
07.19.19
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The Firm represented The Hershey Company (“Hershey”) in connection with its five year credit agreement, which established a $1.5 billion unsecured revolving credit facility, with the option to increase borrowing capacity by an additional $500 million.
Hershey is a global confectionery leader known for bringing goodness to the world through chocolate, sweets, mints, gum and other great tasting snacks. It is the largest producer of quality chocolate in North America, a leading snack maker in the United States and a global leader in chocolate and non-chocolate confectionery. Hershey markets, sells and distributes its products under more than 80 brand names in approximately 90 countries worldwide.
The Simpson Thacher team included Risë Norman (Capital Markets); Chris Brown, Mark Haddox and Remy Denner (Banking and Credit); and Andrew Blau and Patricia Adams (ECEB).