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Best Buy Completes Refinancing of $1.25 Billion Revolving Credit Facility

04.24.18

The Firm recently represented Best Buy Co., Inc. (NYSE: BBY) in a refinancing of its $1.25 billion revolving five-year credit facility. The new facility replaces an existing facility that was to expire in June 2021.

Best Buy is a leading provider of technology products, services and solutions. The company has operations in the U.S., Canada and Mexico, and has upward of 1.5 billion visitors to its stores, website and app each year.

The Simpson Thacher team included Chris Brown, Jim Doyle and Mark Haddox (Banking and Credit); Nicole Humphrey (Tax); and Jeanne Annarumma and Eric Wolf (Executive Compensation and Employee Benefits).