Cravath represented DreamWorks II Financial Services Co., LLC, as borrower, in connection with a secured $325 million senior credit facility arranged by JPMorgan and a secured $200 million subordinated credit facility provided by Disney Enterprises, Inc., both made available to DreamWorks II in August 2009. The proceeds are to be used, together with equity financing provided by Reliance Big Entertainment, an Indian entertainment company, to finance the working capital needs of Steven Spielberg’s new motion picture studio.
The Cravath team includes partner C. Allen Parker and senior attorney Christopher J. Kelly.