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News & Insights

Freeport‑McMoRan’s $3.5 Billion Unsecured Revolving Credit Facility

May 01, 2018

Cravath represented JPMorgan Chase Bank, N.A., as agent and arranger, in connection with a $3.5 billion unsecured revolving credit facility made available to Freeport‑McMoRan Inc. (“FCX”) and certain of its subsidiaries to be used to repay existing indebtedness and for working capital and other general corporate purposes. FCX is a leading international mining company. The transaction closed on April 20, 2018.

The Cravath team included partner Stephen M. Kessing and associates Dean M. Masuda and Matthew S. Weiner.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Industrials and Chemicals

People

Photo
Name
Stephen M. Kessing
Title
Corporate
Title
Partner
Email
skessing@cravath.com
Phone
+1-212-474-1152
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    Education

    • J.D., 2005, Duke Law School
      Order of the Coif, magna cum laude
    • M.B.A., 2001, University of Southern California
    • B.S., 1995, Miami University of Ohio

    Admitted In

    • New York

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