Linklaters advises Syngenta AG on US$ 3 billion Multi-Currency Revolving Facilities Agreement

Linklaters has advised Syngenta AG in connection with a new US$ 3 billion multi-currency syndicated facilities agreement incorporating a US$ 300 million swingline facility. The facilities agreement provides for multi-currency revolving facilities in US dollar, euro and Swiss francs and further incorporates a US dollar swingline facility capable of being drawn in US dollars and euro. The purpose of the facility is for general corporate purposes of Syngenta AG and its subsidiaries (including the refinancing of the existing US$ 3,000,000,000 multi-currency revolving credit facility).

The lenders involved include Banco Santander, S.A. as coordinator, documentation agent, bookrunner and mandated lead arranger, Citibank, N.A., London Branch as coordinator, syndication agent, bookrunner and mandated lead arranger and Deutsche Bank Luxembourg S.A. as agent and euro swingline agent, Deutsche Bank Trust Company Americas as US dollar swingline agent and a large syndicate of international banks as lenders to certain subsidiaries of Syngenta AG.

Syngenta AG is a global, science-based agtech company with headquarters in Switzerland made up of Crop Protection and Seeds business units with more than 30,000 employees in 90 countries.

The Linklaters team was led by banking partner Michal Hlásek. The cross-border Linklaters team also included Mees Roelofs (Partner, Banking, Amsterdam), Michelle Lo (Partner, Tax, New York), Bram Bulter (Managing Associate, Banking, Amsterdam), Jurian van der Pas (Managing Associate, Tax, Amsterdam), Elizabeth Lane (Managing Associate, Banking, New York), Alexandra Selezneva (Foreign Legal Expert, Banking, Frankfurt), Akrit Anand (Associate, Banking, Amsterdam), Pipijn Oosting (Associate, Tax, Amsterdam) and Jaime Pelegri (Associate, Banking, New York).