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Cravath Publishes Summer 2026 Issue of Alumni Journal

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News & Insights

Americold Realty Operating Partnership L.P.’s Revolving Credit Facility and Term Loan Facility

December 17, 2015

Cravath represented JPMorgan Chase Bank, N.A., as administrative agent of a $135 million revolving credit facility and $325 million term loan facility made available to Americold Realty Operating Partnership L.P., a global leader in temperature‑controlled warehousing and logistics. The transaction closed on December 1, 2015.

The Cravath team included partner George E. Zobitz and associates Raffael M. Fiumara and Katherine M. Stork on banking matters; partner J. Leonard Teti II and associate Jonathan D. Grossman on tax matters; and senior attorney Annmarie M. Terraciano on environmental matters. Noah X. DeBlasi also worked on banking matters and Ashley May and Peretz Riesenberg also worked on tax matters.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Tax
  • Environmental
  • Industrials and Chemicals

People

Name
George E. Zobitz
Title
Corporate
Title
Partner
Email
jzobitz@cravath.com
Phone
+1-212-474-1996
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    Education

    • J.D., 1995, New York University School of Law
      with Honors, cum laude
    • B.A., 1991, Franklin & Marshall College

    Admitted In

    • New York
    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
      Annmarie M. Terraciano
      Title
      Corporate
      Title
      Of Counsel
      Email
      aterraciano@cravath.com
      Phone
      +1-212-474-1366
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        Education

        • J.D., 1998, Columbia Law School
          Harlan Fiske Stone Scholar
        • M.S., 1994, University of Wisconsin - Madison
        • B.A., 1989, Wellesley College
          cum laude

        Admitted In

        • New York

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        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. 

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        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. 

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        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.

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        First Solar’s $1.5 Billion Revolving Credit Facility

        Cravath represented First Solar, Inc. in connection with its $1.5 billion revolving credit facility. First Solar is America’s leading photovoltaic solar technology and manufacturing company, and the only US‑headquartered company among the world’s largest solar manufacturers. The transaction closed on February 13, 2026.

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        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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