Four Decades for Justice
Cravath represented Goldman Sachs Bank USA, as administrative agent, in connection with the arrangement of a term loan facility and a revolving credit facility made available to an affiliate of KKR. Proceeds were used to finance the acquisition of RBmedia by KKR and for working capital and general corporate purposes. RBmedia is a producer of spoken audio contents and digital media distribution technology. The transaction closed on August 31, 2018.
The Cravath team included partner Joseph D. Zavaglia and associates Holden K. Sumner, David J. Benhamou and Samuel A. Lifton on banking matters; associate Leon B. Dalezman on tax matters; and partner Matthew Morreale on environmental matters.
Deals & Cases
November 29, 2022
On November 22, 2022, Cravath client Goldman Sachs Asset Management, L.P. (“GSAM”) reached a settlement with the U.S. Securities and Exchange Commission addressing historical policies and procedures related to three of GSAM Fundamental Equity group’s ESG investment portfolios. As part of the no‑admit, no‑deny settlement, GSAM agreed to pay $4 million as a civil money penalty.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2024 Cravath, Swaine & Moore LLP.