Davis Polk is advising Goldman Sachs Bank USA as lead arranger, bookrunner and syndication agent for $3.8 billion of financing in connection with Hologic’s acquisition of Gen-Probe Incorporated. The financing consists of $3 billion senior secured term loan facilities, a $300 million revolving facility and a $500 million senior unsecured bridge facility.

Based in Bedford, Massachusetts, Hologic is a developer, manufacturer and supplier of premium diagnostics products, medical imaging systems and surgical products dedicated to serving the health care needs of women. Gen-Probe Incorporated is a San Diego-based leader in the development, manufacture and marketing of molecular diagnostic products and services that are used primarily to diagnose human diseases, screen donated human blood and ensure transplant compatibility. 

The Davis Polk leveraged finance team includes partners Jason Kyrwood and Michael Kaplan, and associates Meyer C. Dworkin, Derek Dostal, Sheldon Laing (not yet admitted) and Mhairi Collins Immermann (not yet admitted). All members of the Davis Polk team are based in the New York office.