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Freshfields Advises Oracle on New $15.7bn Term Loan and $6bn Revolving Credit Facilities
Freshfields advised Oracle Corporation on a new $15.7bn term loan facility to support its acquisition of Cerner Corporation (a leading provider of healthcare IT systems), as well as on a new $6bn revolving credit facility for Oracle’s general working capital purposes, which was their first new bank facility since 2013.
Oracle provides products and services that address enterprise information technology environments. Oracle’s products and services include applications and infrastructure offerings that are delivered worldwide through a variety of flexible and interoperable IT deployment models.
The Freshfields finance team was led by Kyle Lakin, Claire Leadbeatter and Andy Esmond. Debt capital markets support was provided by Sarah Solum and Daniel Fox. Sanctions advice was provided by Stephanie Brown Cripps and Tim Chen.
ENDS
About Freshfields Bruckhaus Deringer
Freshfields Bruckhaus Deringer LLP is a global elite law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.
Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit Freshfields.us.
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