Cravath Publishes Summer 2026 Issue of Alumni Journal
Cravath represented the borrower, Alliance Laundry Systems LLC, in connection with the arrangement of its $1.150 billion credit facilities provided by a syndicate of banks led by Bank of America, N.A. The facilities consisted of a $1.025 billion term loan facility and a $125 million revolving credit facility. Alliance Laundry Systems, a world leader in commercial laundry, is an affiliate of BDT Capital Partners. The transaction closed on February 28, 2019.
The Cravath team included partner Sasha Rosenthal‑Larrea and associate Timothy N. Nguyen on banking matters, and senior attorney M.C. Tania Balthazaar on executive compensation and benefits matters.
Deals & Cases
September 08, 2026
Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with a $600 million revolving credit facility made available to Valvoline Inc., a leader in automotive preventive maintenance delivering convenient and trusted services in its retail stores throughout the United States and Canada. The transaction closed on August 24, 2026.
Deals & Cases
August 31, 2026
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4.25 billion revolving credit facility made available to 3M Company, a leading diversified technology company. The transaction closed on August 17, 2026.
Deals & Cases
August 31, 2026
Cravath represented AdvanSix Inc. in connection with $425 million of credit facilities. AdvanSix Inc. is a leading integrated chemistry company that produces essential materials for diverse end markets. The facilities consisted of a $275 million revolving credit facility and a $150 million term loan facility. The transaction closed on August 14, 2026.
Deals & Cases
July 23, 2026
Cravath represented the arrangers in connection with the repricing of Nexeye Holding B.V.’s €325 million term loan facility. Nexeye Holding B.V., a portfolio company of KKR, is a leading European optical retailer. The transaction closed on June 9, 2026.
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