Debevoise Advises Booz Allen Hamilton in Third Amendment to Credit Agreement

18 July 2016

Debevoise & Plimpton LLP has advised Booz Allen Hamilton Inc. (“Booz Allen Hamilton”) in the third amendment to its credit agreement dated as of July 31, 2012. With no increase in net borrowing and a reduction in overall interest costs, the amendment extended the maturity of all of the outstanding $1,583 million of Booz Allen Hamilton’s borrowings under the credit agreement. Under the credit agreement, as amended, Booz Allen Hamilton’s Revolving Credit Facility and Term Loan A (TLA) matures on June 30, 2021 and Term Loan B (TLB) matures on June 30, 2023.

Booz Allen Hamilton provides management and technology consulting and engineering services to leading Fortune 500 corporations, governments, and not-for-profits across the globe.

The Debevoise team was led by partners Jeffrey E. Ross and Scott B. Selinger, and includes partner Matthew E. Kaplan, and associates Nicholas P. Pellicani, Rebecca Quan and Trey Reilly.

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.