Simpson Thacher represented J.P. Morgan Chase Bank, N.A., as lead arranger, and J.P. Morgan Europe Limited, as facility agent, in connection with the refinancing of the $3.3 billion term loan under Formula One Group’s senior secured credit facilities.

Formula One Group is a group of companies responsible for the promotion of the Formula One World Championship, the highest class of single-seat auto racing that is sanctioned by the Fédération Internationale de l’Automobile (FIA).

The Simpson Thacher team included Patrick Ryan, Ismael Duran and Cristina Gonzalez (Banking and Credit); Sinead O’Shea and Jennifer Passagne (Banking and Credit – London).