Ally Financial’s Term Loan Facility and Revolving Credit Facility
January 25, 2017
Cravath represented Citibank, N.A. in connection with the arrangement of an $850 million term loan facility and a $400 million revolving credit facility made available to Ally Financial Inc., to be used for working capital and other lawful general corporate purposes. Ally Financial is a leading digital financial services company. The transactions closed on December 30, 2016.
The Cravath team included partners James D. Cooper and Stephen M. Kessing and associate Alex M. Dzioba on banking matters and associate Ashley May on tax matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 2005, Duke Law SchoolOrder of the Coif, magna cum laude
-
M.B.A., 2001, University of Southern California
-
B.S., 1995, Miami University of Ohio
- New York
Education
Admitted In
- Photo
-
-
J.D., 1979, Yale Law School
-
A.B., 1976, University of ChicagoPhi Beta Kappa, summa cum laude
Education
Related News & Insights
Deals & Cases
September 08, 2026
Valvoline Inc.’s Revolving Credit Facility and High‑Yield Senior Notes Offering
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
3M Company’s $4.25 Billion Revolving Credit Facility
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
AdvanSix Inc.’s Credit Facilities
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
Nexeye’s Repricing of its Term Loan Facility
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.
