Davis Polk advised the administrative agent and arranger in connection with an amendment to Black Knight InfoServ, LLC’s senior secured credit facilities, which effectuated, among other changes, a repricing of the approximately $400 million term loan B facility. Davis Polk also advised the administrative agent and joint lead arrangers in connection with an incremental and refinancing amendment in respect of a $1.03 billion term loan A facility and a $500 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 proceeds of the refinancing and incremental facilities were used to refinance in full the outstanding term loan A facility and revolving commitment amounts and for the redemption in full of certain outstanding senior notes.

Black Knight is a 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, Kyle D. Bady and A. McLean Crichton. Partner Rachel D. Kleinberg and associate Erin Harvey provided tax advice. Counsel Susan D. Kennedy and associate Rachel Goodwin provided real estate advice. Members of the Davis Polk team are based in the New York and Northern California offices.

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