Davis Polk advised the administrative agent in connection with the refinancing of Hologic, Inc.’s existing senior secured credit facilities with a $1.5 billion term loan facility and a $1 billion revolving credit facility, the proceeds of which will be used  to consummate the refinancing and for working capital, capital expenditures and other lawful corporate purposes.

Based in Bedford, Massachusetts, Hologic is a developer, manufacturer and supplier of premium diagnostics products, medical imaging systems and surgical products, with an emphasis on serving the healthcare needs of women.

The Davis Polk financing team included partners Jason Kyrwood and Meyer C. Dworkin and associate Samantha Hait. Partner Nick Benham and associate Anne Cathrine Ingerslev advised as to matters of U.K. law. Counsel Gregory T. Hannibal and David Wilson and associates Catherine L. Chu and Dominic Foulkes provided tax advice. Associate Pritesh P. Shah provided intellectual property advice. Members of the Davis Polk team are based in the New York and London offices.