We advised the administrative agent, lead arrangers and lenders on the refinancing

Davis Polk advised the joint lead arrangers and administrative agent in connection with the refinancing of Qnity Electronics’ existing term loan facilities with a $2.35 billion term loan B facility, in addition to retaining an existing $1.25 billion revolving facility.

Qnity Electronics is a premier technology provider across the semiconductor value chain, empowering AI, high performance computing and advanced connectivity.

The Davis Polk finance team included partner Christopher Nairn-Kim, counsel Anthony Pitruzzello and associates Jennifer De Jesus and Max Berman. All members of the Davis Polk team are based in the New York office.