We advised the joint lead arrangers and bookrunners on the amendment

Davis Polk advised the joint lead arrangers and bookrunners, in connection with an amendment to the $2.925 billion senior secured term loan credit facility provided to Avaya Inc. The amendment extended the maturity of $800 million of the term loans to 2027 and added portability features to the existing facility.

Avaya is a multinational company that specializes in digital communication applications, internet telephony and customer relationship management software. Avaya provides global solutions and technologies to private and government customers around the world.
 

The Davis Polk finance team included partner Jeong M. Lee, counsel Sanders Witkow and associate Christina C. Bell. The tax team included partner Michael Farber and associate Liang Zhang. All members of the Davis Polk team are based in the New York office.

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