Debevoise Advises UCI Holdings in its up to $125 Million Senior Secured Asset-Based Revolving Credit Facility

5 October 2015

Debevoise & Plimpton LLP has advised UCI Holdings Limited (UCI), the parent company of UCI International, LLC. (UCI International), in the entry by it and certain of its subsidiaries into a senior secured asset-based revolving credit facility with an aggregate lender commitment of up to $125 million.

The proceeds of the loans made under the facility on closing were used to refinance UCI’s existing senior secured credit facilities in full.

UCI International is among North America’s largest and most diversified companies servicing the vehicle replacement parts market. It supplies a broad range of products to the automotive, trucking, marine, mining, construction, agricultural and industrial vehicle markets.

The Debevoise team is led by partner Pierre Maugϋé, and included associates Tom Smith, Zahra J.K. Sowder, Nathalie Henderson-Stewart, Frank Y. Liao and Nicholas C. Scholten.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.