Albany International’s Unsecured Revolving Credit Facility
May 11, 2016
Cravath represented the agent, JPMorgan Chase Bank, N.A., in connection with a $550 million unsecured five‑year revolving credit facility to finance Albany International Corp.’s acquisition of Blue Falcon I Inc. Albany International is a global advanced textiles and materials processing company. The transaction closed on April 8, 2016.
The Cravath team included partner James D. Cooper and associate Renee A. Brutus on banking matters and associates Jonathan D. Grossman and Dmitry Zelik on tax matters. Ashley May also worked on tax matters.
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J.D., 1979, Yale Law School
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A.B., 1976, University of ChicagoPhi Beta Kappa, summa cum laude
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