The Firm recently represented Best Buy Co., Inc. (NYSE: BBY), in a new $500 million revolving 364-day credit facility and a First Amendment to their existing $1.5 billion revolving five-year credit facility. The new 364-day credit facility replaces an existing facility that was to expire in August 2013.
Best Buy is the world’s largest multi-channel consumer electronics retailer with stores in the U.S., Canada, China and Mexico. It is the 10th largest online retailer in the U.S. and Canada, has the number one customer loyalty program of its kind and more than 1.6 billion visitors to its stores and website each year.
The Simpson Thacher team included Christopher Brown, James Doyle and Austen Heim (Banking and Credit) and Devin Heckman (Tax).
