Our Credit Group represents preeminent financial institutions, corporations and private equity sponsors on loans, acquisitions and other leveraged financings, structured and project financings, debt restructurings and over-the-counter debt and equity derivatives, and many other types of transactions involving the use of credit. Lawyers across the group are noted for their exceptional creativity and judgment in the structuring and execution of highly complex transactions.

Davis Polk ranked:

• 2nd in overall leveraged lending transactions in 2009 (Reuters LPC Loan Connector)
• 3rd as counsel to borrowers in total credit transactions in 2009 (Reuters LPC Loan Connector)
• 3rd as borrower’s counsel in leveraged finance transactions in 2009 (Reuters LPC Loan Connector)
• 3rd as lender’s counsel in M&A credit transactions in 2009 (Reuters LPC Loan Connector)
• 4th in overall M&A credit transactions in 2009 (Reuters LPC Loan Connector)
  

• We advised Ford in connection with $5.9 billion in loans under the Advanced Technology Vehicles Manufacturing Incentive Program arranged by the Department of Energy to finance a portion of the cost of retooling Ford's U.S. plants more quickly to produce fuel efficient vehicles and help meet new, more rigorous federal fuel-economy requirements.
• We advised Warner Chilcott, a leading specialty pharmaceutical company focused on women’s health care, on its $3.2 billion credit facility, consisting of $2.95 billion senior-secured term loan A and B facilities and a $250 million revolving facility, to finance the acquisition of P&G’s global pharmaceuticals business. Credit Suisse and JPMorgan Chase Bank acted as administrative agents.
• We are advising JPMorgan Chase as agent for the $8.5 billion prepetition senior credit facility of the Tribune Company in connection with Tribune's chapter 11 cases. Tribune is America's largest employee-owned media company and is the owner of the Chicago Cubs, the Chicago Tribune, the Los Angeles Times and other newspapers and broadcast properties.

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Leveraged Finance

Project Finance

Structured Finance