AppLovin $1.5 billion term loan refinancing amendment
We advised the agent and lead arrangers on the facilities
Davis Polk advised the joint lead arrangers, joint bookrunners and administrative agent in connection with the amendment of AppLovin’s term loan facility, pursuant to which $1.5 billion in term loan commitments were refinanced.
AppLovin is a global mobile monetization platform that enables performance-based user acquisition campaigns for mobile games and other app developers. Using a proprietary algorithm, AppLovin utilizes data analytics and machine learning to optimize matching of mobile app users with relevant brands.
The Davis Polk finance team included partners James A. Florack and Sanders Witkow and associates Catalina Ford, Anmol Sheth and David Tebele. All members of the Davis Polk team are based in the New York office.