Deal Team

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Executive Compensation and Benefits
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Tax

II-VI in its $4 billion senior secured credit facilities in connection with its acquisition of Coherent

On July 1, 2022, the II-VI entered into a Credit Agreement with JP Morgan Chase Bank, N.A., as administrative agent and collateral agent, which provides for senior secured financing of $4 billion, consisting of a term loan A facility in an aggregate principal amount of $850 million, a term loan B facility in an aggregate principal amount of $2.8 billion and a multicurrency revolving credit facility in an aggregate principal amount of up to $350 million, including a letter of credit sub-facility of up to $50 million.

Wachtell, Lipton, Rosen & Katz served as legal advisor to the II-VI.