Huntington Ingalls Industries, Inc. $1.25 Billion Senior Unsecured Revolving Credit Facility
Davis Polk advised the joint lead arrangers and bookrunners on a $1.25 billion senior unsecured revolving credit facility for Huntington Ingalls Industries, Inc., which was used to refinance HII’s existing senior secured credit facilities.
HII is the largest military shipbuilding company in the United States, providing professional services to government and industry partners.
The Davis Polk finance team included partner Jinsoo H. Kim and associates Alexandra (Z-Z) L. Cowen and Ian K. Dummett. The real estate team included counsel Susan D. Kennedy and associate Stephen J. Holler. The tax team included partner Michael Farber and associate Elina Khodorkovsky. Counsel Jeanine P. McGuinness provided OFAC advice. Counsel David A. Zilberberg provided environmental advice. Counsel Charles Shi provided ERISA advice. Members of the Davis Polk team are based in the New York and Washington DC offices.