Goldman Sachs and a group of banks committed to providing a £12.2 billion ($15.05 billion) bridge loan facility to finance 21st Century Fox’s acquisition of UK-based media company, Sky.

The banks involved include Goldman Sachs Bank USA, Goldman Sachs Lending Partners, Deutsche Bank AG Cayman Islands Branch and JPMorgan Chase Bank, London Branch.

21st Century Fox is a diversified global media and entertainment company that operates cable networks, in television and in filmed entertainment. Sky is a telecommunications company providing broadband internet services and fixed line telephone services, and is a primary player in pay-television broadcasting in the UK.

Fox was represented by Simpson Thacher’s Banking and Credit, Corporate, Capital Markets, Tax and Executive Compensation & Employee Benefits teams on the transaction.