Embecta in its $1,450 million senior secured credit facilities in connection with its separation from Becton Dickinson
On March 31, 2022, Embecta Corp. entered into a Credit Agreement which provides for senior secured credit facilities in an amount of up to $1,450 million, consisting of a revolving credit facility in an aggregate principal amount of up to $500 million and a term loan B facility in an aggregate principal amount of $950 million. Wachtell, Lipton, Rosen & Katz served as legal advisor to Embecta.