Davis Polk advised IHS Markit Ltd. and certain of its subsidiaries in connection with a $500 million 364-day term loan incurred by Markit Group Holdings Limited (a wholly-owned subsidiary of IHS Markit) and guaranteed by IHS Markit and certain of its subsidiaries. The proceeds of the term loan will be used to repay certain outstanding revolving loans and for other general corporate purposes of IHS Markit and its subsidiaries.
IHS Markit is a leading globally diversified provider of critical information, analytics and related expertise with deep sources of information, analytics and solutions for the world’s major industries, financial markets and governments.
The Davis Polk credit team included partner Jinsoo H. Kim and associate Frank J. Manley. Associate Anne Cathrine Ingerslev provided UK corporate advice. Partners Po Sit and Jonathan Cooklin and associates Dominic Foulkes and Dao Fu provided tax advice. Members of the Davis Polk team are based in the New York and London offices.