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News & Insights

Arrangement of Financing for Avison Young’s Acquisition of GVA Grimley Holdings Limited

January 31, 2019

Cravath represented Credit Suisse, as administrative agent and lead arranger, in connection with the arrangement of a $325 million term loan facility to finance Avison Young (Canada) Inc.’s acquisition of GVA Grimley Holdings Limited. Avison Young is an international commercial real estate brokerage firm. The transaction closed on January 31, 2019.

The Cravath team included partners Michael S. Goldman and Sarah Rosenthal‑Larrea and associates Matthew S. Weiner and Victoria L. Romvary.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Real Estate and Hospitality

People

Photo
Name
Sasha Rosenthal-Larrea
Title
Corporate
Title
Partner
Email
srosenthal-larrea@cravath.com
Phone
+1-212-474-1967
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    Education

    • J.D., 2010, Columbia Law School
      Harlan Fiske Stone Scholar
    • A.B., 2007, Brown University

    Admitted In

    • New York
    Photo
    Name
    Michael S. Goldman
    Title
    Corporate
    Title
    Retired Partner
    Email
    mgoldman@cravath.com
    Phone
    +1-212-474-1999
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      Education

      • J.D., 1987, Fordham University School of Law
        cum laude
      • B.A., 1984, University of Pennsylvania
        cum laude

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      Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with $3.5 billion of credit facilities made available to Genmab, a leading international biotechnology company, and one of its wholly‑owned subsidiaries, Genmab Finance LLC, as part of the financing transactions undertaken in connection with its acquisition of Merus N.V., a leading oncology company developing innovative antibody therapeutics. The credit facilities consisted of a $2 billion term loan “B” facility, a $1 billion term loan “A” facility and a $500 million revolving credit facility. The transaction closed on December 12, 2025.

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      Ameren’s $3.2 Billion of Revolving Credit Facilities

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      Thomson Reuters Corporation’s $2 Billion Revolving Credit Facility

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $2 billion revolving credit facility made available to Thomson Reuters Corporation, a leading AI and technology company empowering professionals with trusted content and workflow automation. The transaction closed on November 10, 2025.

      Deals & Cases

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      Valero Energy Corporation’s $4 Billion Revolving Credit Facility

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4 billion revolving credit facility made available to Valero Energy Corporation, a leading multinational manufacturer and marketer of petroleum‑based and low‑carbon liquid transportation fuels and petrochemical products. The transaction closed on October 16, 2025.

      Cravath Bicentennial

      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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