JPMorgan Chase Agents $3.65B Revolver for Shopping Network QVC

QVC refinanced its senior secured credit facility, replacing its $2.65 billion bank credit facility with a new $3.65 billion revolver. JPMorgan Chase Bank served as administrative agent on the transaction.

Simpson Thacher Represents QVC Facility Refi Admin Agent

Law firm Simpson Thacher announced that it represented the administrative agent in connection with the amendment and restatement of QVC’s $2 billion revolving credit agreement.