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Simpson Thacher Represents Lead Arrangers in Connection With $1.25 Billion Revolving Credit Facility for Trinity Acquisition

03.15.17

The Firm represented Barclays Bank PLC, JPMorgan Chase Bank, N.A. and the lenders in connection with a $1.25 billion revolving credit facility for Trinity Acquisition plc, a subsidiary of Willis Towers Watson Public Limited Company (NASDAQ: WLTW). The proceeds of the revolving credit facility are available to refinance existing debt and for working capital, capital expenditures, permitted acquisitions and other general corporate purposes. Barclays is the administrative agent for the facility.

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 countries. Willis Towers Watson designs and delivers solutions that manage risk, optimize benefits, cultivate talent and expand the power of capital to protect and strengthen institutions and individuals.

The Simpson Thacher team included Patrick Ryan, Linn Mayhew and Patrick McCamy (Banking and Credit); Pierce Pandolph (Tax); and Larry Moss (Executive Compensation and Employee Benefits).