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The Secured Lender

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#3 -_ 1 (1)

May 6, 2025

Source: Jones Day

Jones Day represented Wabtec Corporation in connection with the refinancing and amendment and restatement of its existing delayed draw term and revolving credit facility that also refinances its separate existing $225 million term loan facility. The new credit facility includes a delayed draw term loan facility in an aggregate principal amount of $725 million and a revolving credit facility in an aggregate principal amount of $2 billion with the option to add incremental commitments to increase either facility in an aggregate principal amount of up to $1 billion. The Jones Day team was led by Michael W. Kobb and Brett P. Barragate (both Financial Markets – New York), and included Ben Fox (Financial Markets – Amsterdam), L. Matthew Waterhouse (Tax – New York), Lindsey M. Nelson (Government Regulation – Washington), and Miranda Sasinovic (Employee Benefits & Executive Compensation – Pittsburgh). The 8-K filing contains more information: https://ir.wabteccorp.com/sec-filings/sec-filing/8-k/0001140361-25-015779.