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Cravath Publishes Summer 2026 Issue of Alumni Journal

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News & Insights

Anvil’s Term Loan Facility and Revolving Credit Facility

August 01, 2017

Cravath represented JPMorgan Chase Bank, N.A. in connection with the arrangement of a $265 million term loan B facility and a $35 million revolving credit facility, made available to Anvil International, LLC, a leading engineer and manufacturer of piping product solutions. The facilities will be used to refinance existing indebtedness and for working capital and other general corporate purposes. The transaction closed on August 1, 2017.

The Cravath team included partner George E. Zobitz, senior attorney Christopher J. Kelly and associates Jared B. Taylor, Andrew T. Murphy and Adam M. Sanchez on banking matters; partner J. Leonard Teti II and associate Andrew L. Mandelbaum on tax matters; associate Peretz Riesenberg on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Tax
  • Executive Compensation and Benefits
  • 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
    Christopher J. Kelly
    Title
    Corporate
    Title
    Partner
    Email
    cjkelly@cravath.com
    Phone
    +1-212-474-1406
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      Education

      • J.D., 1999, Harvard Law School
      • B.A., 1996, Columbia University
        Phi Beta Kappa, summa cum laude

      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
        Matthew Morreale
        Title
        Corporate
        Title
        Partner
        Email
        mmorreale@cravath.com
        Phone
        +1-212-474-1534
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          Education

          • J.D., 1997, Columbia Law School
            Harlan Fiske Stone Scholar
          • M.S., 1994, University of Pennsylvania
          • B.A., 1990, University of Pennsylvania
          • B.A.S., 1990, University of Pennsylvania

          Admitted In

          • New York

          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. 

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