Analog Devices’s $5 Billion Unsecured Term Loan Facilities and $1 Billion Unsecured Revolving Credit Facility

Cravath represented JPMorgan Chase Bank, N.A. in connection with the arrangement of a $2.5 billion 3‑year unsecured term loan facility, a $2.5 billion 5‑year unsecured term loan facility and an increased and extended $1 billion unsecured revolving credit facility made available to Analog Devices, Inc. to fund its pending acquisition of Linear Technology Corporation. The transaction closed on September 23, 2016.

The Cravath team included partner James D. Cooper, senior attorney Kimberly A. Grousset and associates Stephanie R. Gallina and Rami Totari on banking matters; partner William V. Fogg and associates Tamara S. Smallman and Alan Campbell on securities matters; partner J. Leonard Teti II and associate Joyce Y. Kim on tax matters; and senior attorney Annmarie M. Terraciano on environmental matters.