Davis Polk advised J.P. Morgan Securities LLC as sole lead arranger and bookrunner and JPMorgan Chase Bank, N.A. as administrative agent in connection with a $1 billion senior unsecured revolving credit and competitive advance facility provided to The Dun & Bradstreet Corporation, which amends and restates the company’s existing $800 million facility. Dun & Bradstreet will use the proceeds of the amended and restated credit facility for general corporate purposes.
Dun & Bradstreet is the world’s leading source of commercial data, analytics and insight on businesses, or “content.” Dun & Bradstreet’s global commercial database contains more than 235 million business records. Dun & Bradstreet transforms commercial data into valuable insight, which is the foundation of the company’s global solutions that customers rely on to make critical business decisions. Headquartered in Short Hills, New Jersey, Dun & Bradstreet is listed on the New York Stock Exchange (NYSE: DNB).
The Davis Polk credit team included partner James A. Florack and associates Lauren N. Gillespie, Rustin M. Brown and Lauren N. Katz. The tax team included partner Michael Mollerus and associate Rhiannon Nakano. Counsel Jeanine P. McGuinness provided OFAC advice. Members of the Davis Polk team are based in the New York and Washington DC offices.
