Erland Modesto~~Brandon Barton~~Siwei Yang~~Antti Pesonen~~Andrew Purcell~~Jacqueline Clinton~~Yash Rupal~~Timothy Gallagher~~Michael Isby
January 24, 2026
Simpson Thacher Represents JPMorgan as Administrative Agent for TechnipFMC’s $1 Billion Revolving Credit Financing

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AI-made summary
- Simpson Thacher advised JPMorgan Chase Bank, N.A
- as administrative agent regarding TechnipFMC plc’s $1 billion senior secured revolving credit facility, which was arranged in connection with the completion of TechnipFMC’s spinoff of 50.1% of Technip Energies shares
- The transaction resulted in the creation of two independent, publicly traded companies: TechnipFMC and Technip Energies
- The legal team from Simpson Thacher included specialists in credit, tax, real estate, environmental, and ERISA matters.
Simpson Thacher represented JPMorgan Chase Bank, N.A. as administrative agent with respect to TechnipFMC plc’s $1 billion senior secured revolving credit facility in connection with the completion of the announced spinoff of 50.1% of the outstanding shares of Technip Energies. The completion of the spinoff transaction creates two industry leading, independent, publicly traded companies, TechnipFMC and Technip Energies.~~TechnipFMC is a leading technology provider to the traditional and new energies industry; delivering fully integrated projects, products and services.~~The Simpson Thacher team included Erland Modesto, Robert Rabalais, Brandon Barton, Oscar Hwang and Siwei Yang (Credit); Antti Pesonen, Li Lin and Kristin Hoo (U.K. Credit); Genevieve Dorment (IP); Andrew Purcell, Jaqueline Clinton and Zachary Fialkow (U.S. Tax), Yash Rupal and Ellie Verran (U.K. Tax); Timothy Gallagher (Real Estate); Michael Isby (Environmental); and Jennifer Neilsson and Richard Malek (ERISA).
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Erland Modesto~~Brandon Barton~~Siwei Yang~~Antti Pesonen~~Andrew Purcell~~Jacqueline Clinton~~Yash Rupal~~Timothy Gallagher~~Michael Isby
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