Four Decades for Justice
Cravath represented Bank of America, N.A., as administrative agent and lead arranger, in connection with the arrangement of a $1 billion term loan facility made available to United Rentals (North America), Inc., the largest equipment rental company in the world. The facility was used to finance the acquisition of Vander Holding Corporation. The transaction closed on October 31, 2018.
The Cravath team included partners Michael S. Goldman and Stephen M. Kessing and associate Marc Bode on banking matters, and associate Jiyeon K. Barta on tax matters. Falguni Joshi also worked on executive compensation and benefits matters.
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.
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