Cases & Deals

Leading financial services company provides $3.6 billion syndicated credit facilities to major construction materials company

Client(s) Leading financial services company

Jones Day represented a leading financial services company, as administrative agent and left lead arranger, in connection with $3.6 billion of credit facilities comprised of a new $2 billion delayed draw term loan facility and a maturity extension of a $1.6 billion revolving credit facility, provided to a major producer of construction aggregates and aggregates-based construction materials. Proceeds of the delayed draw term loan facility will be used to finance two separate acquisitions.