We are advising the agent and lead arranger on the financing

Davis Polk is advising the administrative agent and the lead arranger in connection with $1.2 billion of debt financing provided to Viavi Solutions Inc. The proceeds of the facilities will be used to finance the acquisition of Spirent Communications.

Specializing in telecommunications testing systems, including computer software and hardware systems, cable management systems, and transmitters, Spirent Communications provides electronic solutions for the technology, telecommunications and medical sectors. Spirent operates in the Americas, Europe and the Asia Pacific region.

Viavi Solutions provides network and service enabling solutions and optical products. Offering installation, commissioning, scripting, custom analytics, integration, business intelligence consulting, operational assistance, field and lab testing, technical training, maintenance and support services, Viavi Solutions serves customers worldwide.

The Davis Polk finance team includes partners David Hahn and Nick Benham, counsel Demian von Poelnitz and Aaron Ferner and associates Joshua Bunn, Nicholas Chant, Alexander Wright and Meredith Liu. Counsel Alon Gurfinkel and associate Ben Silver are providing tax advice. Members of the Davis Polk team are based in the New York and London offices.