CBRE Enters Into New Revolving Credit Facility
08.24.22
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Simpson Thacher represented CBRE Services, Inc. in connection with its entry into a new five-year senior unsecured revolving credit agreement, which provides for a senior unsecured revolving credit facility with commitments in an aggregate principal amount of up to $3.5 billion. Wells Fargo Bank, National Association acted as administrative agent.
CBRE Group (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm. The company has more than 105,000 employees serving clients in more than 100 countries.
The Simpson Thacher team included Eli Isak, Callie Robins and Paige Brinton (Banking & Credit); Michael Mann (Tax); Ryan Stott (ECEB) and Ryan Stalnaker (Regulatory).