Arch Capital Group’s $1.375 Billion Bridge Credit Agreement
August 15, 2016
Cravath represented Credit Suisse in connection with a $1.375 billion bridge credit facility made available to Arch Capital Group Ltd. (“ACGL”). The facility may be used to fund the cash consideration for the pending acquisition by ACGL of United Guaranty Corporation from American International Group, Inc. The bridge credit agreement was executed on August 15, 2016.
The Cravath team included partner Michael S. Goldman and associate Paul L. Sandler on banking matters; partner Craig F. Arcella and associates Ankur N. Patel, Zara Bari and Bryan G. Jones on securities matters; and partner J. Leonard Teti II and associates Peter W. Rogers and Joyce Y. Kim on tax matters.
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People
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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B.A., 1995, Duke University
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J.D., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
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J.D., 1987, Fordham University School of Lawcum laude
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B.A., 1984, University of Pennsylvaniacum laude
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