Appleby advises bank on credit facility

Posted: 29/05/2019

Offshore law firm Appleby has advised JPMorgan Chase Bank in relation to the Jersey law aspects of a new $1.25bn asset-based revolving credit facility to the Adient Group. 

The facility was used to pre-pay in full and terminate commitments under an existing credit agreement.  

The Adient Group is a global specialist in automotive seating, with 84,000 employees in manufacturing and assembly plants across 32 countries.

The Jersey team at Appleby consisted of Corporate Partner Wendy Benjamin and Senior Associate Kevin McQuillan.


Add a Comment

  • *
  • *
  • *
  • *
  • Submit

Want to know when we publish new content?

All you need to do is sign up for our newsletter.You'll receive a daily summary email of new items which have been published.

Please be advised that the volume of Business News articles which we publish is fairly high and you should expect to receive an email most days.

You can update your preferences at any time by registering for a blglobal.co.uk account and visiting the 'Your Profile' page.



Subscribe

It's easy to stay current with blglobal.co.uk.

Just sign up for our email updates!

Yes please! No thanks!