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AssetMark Financial Holdings' Credit Facilities

Cravath represented Credit Suisse AG, Cayman Islands Branch, as administrative agent, in connection with the arrangement of $270 million of secured credit facilities made available to AssetMark Financial Holdings, Inc., a provider of investment solutions to financial advisors. The facilities consisted of a $250 million term loan facility and a $20 million revolving credit facility. The transaction closed on November 14, 2018.

The Cravath team included partner Craig F. Arcella and associates David J. Benhamou and John Knight on banking matters, and associate Cecily Xi on tax matters. Eugene Kim also worked on banking matters.