We advised the lead arrangers and administrative agent on the facility

Davis Polk advised the administrative agent and lender, joint lead arrangers and joint bookrunners in connection with a $400 million secured revolving credit facility provided to Lumentum Holdings Inc. The facility will be used for working capital, capital expenditures, permitted acquisitions and other corporate purposes.

Lumentum is a market-leading designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide. Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise and data center network. Lumentum lasers enable advanced manufacturing techniques and diverse applications, including next-generation 3D sensing capabilities. The company is headquartered in San Jose, California, with R&D, manufacturing and sales offices worldwide. Lumentum’s common stock is listed on the Nasdaq Global Select Market under the symbol “LITE.”

The Davis Polk finance team included partner David Hahn and associate Benjamin Glass. Partner Caitlin L. Wood provided capital markets advice. All members of the Davis Polk team are based in the New York office.

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