Simpson Thacher represented Bank of America, N.A., as administrative agent, and BofA Securities, Inc., as sole bookrunner, in connection with Oracle Corporation’s $5.63 billion unsecured term loan facility, proceeds of which were used to repay the principal amount outstanding under Oracle’s existing term loan facility with The Bank of Nova Scotia, as administrative agent.
Oracle Corporation provides products and services that address enterprise information technology (IT) environments, including applications and infrastructure offerings that are delivered worldwide through a variety of flexible and interoperable IT deployment models.
The Simpson Thacher team included: William Sheehan, Matthew Farrell, Jule Walsh, Austin Vance and Roey Vardi (Banking and Credit); and Michael Mann and Benjamin Bressler (Tax).