We advised the lead arrangers and agent on the facilities

Davis Polk advised the joint lead arrangers and joint bookrunners in connection with a $2.1 billion term loan facility and a $300 million refinancing revolving credit facility for FNZ Group. Proceeds of the facilities were used to refinance FNZ Group’s existing credit facilities, pay transaction costs and for working capital, balance sheet flexibility and general corporate purposes.

Founded in 2003, FNZ is a global financial services company that provides investment platforms to major financial institutions and wealth management firms. FNZ manages over $1.5 trillion in assets and partners with over 650 financial institutions and 12,000 wealth managers. It administers assets for over 24 million investors. 

The Davis Polk finance team included partners James A. Florack, Jason Kyrwood, Nick Benham, Christopher Nairn-Kim, Phoebe Jin, Sanders Witkow, Aaron Ferner and David Hahn. Members of the Davis Polk team are based in the New York and London offices.

 

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