News & Events

The Firm recently represented Wells Fargo Bank, National Association, as administrative agent, in connection with CenturyLink Inc.’s entry into a four-year revolving credit agreement in an aggregate amount of up to $1.0 billion initially, with the total capacity of the credit facility increasing to $1.7 billion upon the consummation of CenturyLink’s pending acquisition of Qwest Communications International Inc. CenturyLink’s existing credit facility and the credit facility of its subsidiary, Embarq Corporation, were terminated upon the execution of this new credit facility.

CenturyLink is a provider of high-quality broadband, entertainment and voice services in 33 states. The company is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations.

The Simpson Thacher team included Jim Buresh, Julia Kohen and Eli Isak (Banking and Credit), Jason Vollbracht (Tax), and Susan Kaufman (Executive Compensation and Employee Benefits).  Paralegal Alexandra McNicholas provided invaluable assistance.