We advised the administrative agent, lenders and investor on the transactions

Davis Polk advised the administrative agent and lenders in connection with the refinancing of an existing first-lien credit facility for a sponsor-backed developer of public safety and public administration software. The refinancing consisted of a $1.1 billion senior secured term loan facility and a $125 million senior secured revolving credit facility. Davis Polk also advised the investor in connection with a $320 million preferred equity issuance by the company.

The Davis Polk finance team included partner Jason Kyrwood, counsel David J. Kennedy and Zachary R. Frimet and associates Matthew J. Wiener, Sam Dilthey and Renee G. Levin. All members of the Davis Polk team are based in the New York office.

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