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JPMorgan’s Arrangement of Financing for Purchase of Skype Stake from eBay

Cravath represented JPMorgan, along with its joint bookrunners Barclays Capital and RBC Capital Markets, in connection with $730 million of credit facilities made available in November 2009 to finance, in part, the purchase by Silver Lake Partners and other equity investors of a 65% equity stake in Skype from eBay. The facilities include a $700 million dollar term facility and a $30 million multicurrency revolving credit facility secured by collateral in six jurisdictions.

The Cravath team includes partners B. Robbins Kiessling and Tatiana Lapushchik and senior attorney Janet M. Nadile.