Newell Brands amends $1 billion revolving credit facility

Client(s) Newell Brands Inc.

Jones Day represented Newell Brands Inc. (“Newell”), a leading consumer products company, in connection with the amendment restructuring its existing revolving credit facility. The amendment, among other things, requires Newell and certain of its subsidiaries organized in the U.S., U.K., Canada, and Australia to grant liens and security interests in certain assets consisting of eligible accounts receivable, eligible inventory, eligible equipment and eligible intellectual property, and all products and proceeds of the foregoing.