Davis Polk advised the administrative agent, in connection with $1.6 billion senior secured credit facilities for Black Knight InfoServ, LLC, comprised of an $800 million term loan A facility, a $400 million term loan B facility and a $400 million revolving credit facility. The facilities are guaranteed by substantially all of Black Knight’s wholly owned domestic restricted subsidiaries and Black Knight Financial Services, LLC, the direct parent company of Black Knight, and are secured by substantially all of Black Knight’s assets and the assets of the guarantors. The facilities were entered into in connection with the initial public offering by Black Knight Financial Services, Inc., the indirect parent company of Black Knight, and the proceeds were used in part to repay certain outstanding debt and for general corporate purposes.

Black Knight is a leading provider of integrated technology, workflow automation and data and analytics to the mortgage industry.

The Davis Polk credit team included partner Jinsoo H. Kim and associates Jeong M. Oh, Daniel J. Amato and Jie Zhang. Counsel Gregory T. Hannibal and associate J. David Connelly provided tax advice. Counsel Susan D. Kennedy and associate Jason D. Sherman provided real estate advice. Former associate Nikita A. Tuckett provided intellectual property advice. Associate Britt Mosman provided OFAC advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

Copy link to share post