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Cravath Publishes Summer 2026 Issue of Alumni Journal

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News & Insights

Alphabet Inc.’s $4 Billion Unsecured Credit Facility

February 25, 2016

Cravath represented Bank of America, N.A., as arranger of a $4 billion unsecured revolving credit facility for Alphabet Inc. and its wholly owned subsidiary, Google Inc., to be used for general corporate purposes. The transaction closed on February 12, 2016.

The Cravath team included partner James D. Cooper and associates Matthew C. Young and Zachary A. Portnoy on banking matters and partner J. Leonard Teti II and associate Jonathan D. Grossman on tax matters. Ashley May also worked on tax matters.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Tax
  • Technology

People

Photo
Name
J. Leonard Teti II
Title
Tax
Title
Partner
Email
lteti@cravath.com
Phone
+1-212-474-1896
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    Education

    • J.D., 2005, University of Virginia School of Law
      Order of the Coif
    • A.B., 1999, Princeton University
      with Honors

    Admitted In

    • New York
    Photo
    Name
    James D. Cooper
    Title
    Corporate
    Title
    Retired Partner
    Email
    jcooper@cravath.com
    Phone
    +1-212-474-1999
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      Education

      • J.D., 1979, Yale Law School
      • A.B., 1976, University of Chicago
        Phi Beta Kappa, summa cum laude

      Related News & Insights

      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. 

      Deals & Cases

      July 13, 2026

      Boluda Towage’s €2.45 Billion Term Loan and Revolving Credit Facilities 

      Cravath represented the agent, mandated lead arrangers and lenders in connection with Boluda Towage’s €2.15 billion (equivalent) term loan facility and €300 million multi‑currency revolving credit facility. The proceeds will be used towards refinancing certain existing credit facilities and for general corporate purposes. Boluda Towage is a leading maritime services operator. The transaction closed on June 30, 2026. 

      Deals & Cases

      July 06, 2026

      UVEX’s Upsize and Repricing of its Term Loan Facility

      Cravath represented the agent, mandated lead arrangers, and lenders in connection with the repricing of UVEX GROUP GmbH’s €400 million term loan facility and €50 million term loan add-on. UVEX GROUP GmbH is a portfolio company of Warburg Pincus. The transaction closed on June 19, 2026. 

      Deals & Cases

      April 06, 2026

      Versigent’s $1.35 Billion Credit Facilities and $1.6 Billion High‑Yield Senior Notes Offering in Connection with Aptiv PLC’s Spin‑Off of Versigent

      Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with $1.35 billion of credit facilities made available to subsidiaries of Versigent Limited, a global leader in the design, development and manufacture of low voltage and high voltage electrical architectures and the holding company for Aptiv PLC’s Electrical Distribution Systems segment, which Aptiv PLC spun off into a separate, independent, publicly traded company. The proceeds were used to partially finance the spin‑off. The credit facilities consisted of a $500 million term loan facility and an $850 million revolving credit facility. The transaction closed on November 26, 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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