We advised the agent, arranger and lender on the new revolving credit facility

Davis Polk advised the administrative agent, lead arranger and a lender in connection with Analog Devices, Inc.’s new revolving credit facility to, among other things, refinance its existing revolving credit facility and increase the commitments to $3 billion. The proceeds of the revolving facility will be used for general corporate purposes.

Headquartered in Wilmington, Massachusetts, Analog Devices, Inc. is a leading semiconductor company specializing in signal processing and data conversion. Its signal processing products are used globally to convert, condition and process real-world phenomena such as temperature, sound and motion into electrical signals for a wide variety of electronic devices.

The Davis Polk finance team included partner Sanders Witkow and associate Aaron Kirchner-Loeser. Partner Paul D. Marquardt, counsel Will Schisa and associate Daria Adjowa Serwaa Nonnemaker provided sanctions advice. Counsel Chaoyuan (Charles) Shi provided ERISA advice. Partner Corey M. Goodman and associate Ryan Powers provided tax advice. Partner Frank Azzopardi and associate Jordan Khorshad provided intellectual property advice. Members of the Davis Polk team are based in the New York and Washington DC offices.