The Firm represented JPMorgan Chase Bank, N.A. and other arrangers in connection with STERIS’ entry into a revolving credit agreement (the “Revolving Credit Agreement”), which replaces STERIS’ existing credit agreement, dated as of March 19, 2021. The proceeds of the Revolving Credit Agreement will be used for general corporate purposes and working capital needs.
STERIS is a leading provider of infection prevention and other procedural products and services, offering its customers a unique mix of innovative capital equipment products, such as sterilizers and washers, surgical tables, lights and equipment management systems and connectivity solutions.
The Simpson Thacher team included Dan Kay, Matthew Farrell, Taylor Nefussy and Sally Jo (U.S. Banking and Credit); Jacob Durkin and Esther Crang (U.K. Banking and Credit); Jonathan Cantor, Oliver Rosshandler and Daniel Griffiths (Tax); Pasco Struhs (Executive Compensation and Employee Benefits); and Michael Isby (Environmental).