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
People
-
J.D., 1995, New York University School of Lawwith Honors, cum laude
-
B.A., 1991, Franklin & Marshall College
- New York
Education
Admitted In
- Photo
-
-
J.D., 1999, Harvard Law School
-
B.A., 1996, Columbia UniversityPhi Beta Kappa, summa cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 2005, University of Virginia School of LawOrder of the Coif
-
A.B., 1999, Princeton Universitywith Honors
- New York
Education
Admitted In
- Photo
-
-
J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.S., 1994, University of Pennsylvania
-
B.A., 1990, University of Pennsylvania
-
B.A.S., 1990, University of Pennsylvania
- New York
Education
Admitted In
Related News & Insights
Deals & Cases
October 30, 2025
Valero Energy Corporation’s $4 Billion Revolving Credit Facility
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4 billion revolving credit facility made available to Valero Energy Corporation, a leading multinational manufacturer and marketer of petroleum‑based and low‑carbon liquid transportation fuels and petrochemical products. The transaction closed on October 16, 2025.
Deals & Cases
October 14, 2025
Crane Company’s $1.8 Billion of Credit Facilities in Connection with its Pending Acquisition of PSI Product Line from Baker Hughes
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with $1.8 billion of credit facilities made available to Crane Company, as part of the financing transactions undertaken in connection with its pending acquisition of Precision Sensors & Instrumentation (“PSI”) product line from Baker Hughes, a leading energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. Crane Company is a leading industrial manufacturing and technology company. The credit facilities consisted of a $900 million term loan facility and a $900 million revolving credit facility. The transaction closed on September 30, 2025.
Deals & Cases
September 02, 2025
Otis Worldwide Corporation’s $1.5 Billion Revolving Credit Facility
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $1.5 billion revolving credit facility made available to Otis Worldwide Corporation, a leading elevator and escalator manufacturing, installation and service company. The transaction closed on August 8, 2025.
Deals & Cases
September 02, 2025
Verisk’s $2 Billion of Credit Facilities in Connection with its Pending Acquisition of AccuLynx.com
Cravath represented the administrative agent, lead arrangers and bookrunners in connection with $2 billion of credit facilities made available to Verisk Analytics, Inc. (“Verisk”), as part of the financing transactions undertaken in connection with its pending acquisition of Exactlogix, Inc. (“AccuLynx.com”). Verisk is a leading data, analytics and technology provider serving clients in the insurance ecosystem. The credit facilities consisted of a $750 million term loan facility and a $1.25 billion revolving credit facility. The transaction closed on August 15, 2025.
