Global law firm White & Case LLP has advised Masimo Corporation, as borrower, and Masimo Americas, Inc., as guarantor, on a US$1 billion refinancing of Masimo's existing credit facilities.
The proceeds of the financing, which comprised a five-year US$250 million unsecured term loan and a five-year US$750 million unsecured revolving credit facility, were used to finance the refinancing, as well as for general corporate purposes, capital investment and working capital needs.
The White & Case team was led by Debt Finance partners Justin Wagstaff and Yehuda Rubel, and M&A partner Richard Brand (all in New York), and included law clerks Anurag Chadha (New York) and Sarah Diggins (Boston), and legal assistant Christopher Geanon (New York).
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