Davis Polk advised DXC Technology Company in connection with the addition of $190 million of incremental revolving commitments under DXC’s existing revolving credit facility. The addition of the incremental revolving commitments resulted in an increase in the aggregate outstanding size of the revolving credit facility from $3.81 billion to $4 billion.
DXC is a world leading independent, end-to-end IT services company, serving nearly 6,000 private and public sector clients from a diverse array of industries across 70 countries. DXC’s technology independence, global talent and extensive partner network deliver transformative digital offerings and solutions that help clients harness the power of innovation to thrive on change.
The Davis Polk finance team included partner Meyer C. Dworkin and associates Vanessa L. Jackson, Phoebe Jin and Stan Yao. Counsel Jeanine P. McGuinness provided OFAC advice. Members of the Davis Polk team are based in the New York and Washington DC offices.