Orrick Advises Wells Fargo in Financing for Synaptics’ Acquisition of Renesas
Orrick represented longstanding client Wells Fargo Securities, LLC, as sole lead arranger, and Wells Fargo Bank, National Association, as administrative agent, in connection with the extension of $300 million in senior secured credit facilities (comprised of a term loan facility and revolving facility) to finance the acquisition by Synaptics Incorporated, a leading developer of human interface solutions, of Renesas SP Drivers, Inc., a Japanese company that supplies small and medium sized display driver ICs for smartphones and tablets.