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Freeport-McMoRan's $3.5 Billion Unsecured Revolving Credit Facility

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.