Davis Polk advised Credit Suisse AG as administrative agent in connection with a €100 million senior secured incremental revolving credit facility for CEVA Group Plc.

CEVA Group Plc, a public limited company existing under the laws of England and Wales, is the world’s second-largest non-asset-based supply chain management company. CEVA Group Plc designs, implements and operates end-to-end supply chain solutions using a combination of international air, ocean and domestic freight forwarding, contract logistics and other value-added services. The company operates globally in over 170 countries through more than 1,200 locations.

The Davis Polk credit team included partner Bradley Y. Smith and associates Michael J.S. Moran, Cristina del Rivero and Daniel M. Silberger (not yet admitted). Sonya Jackman was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.