Cravath’s London Office Moves to 100 Cheapside
Cravath represented Credit Suisse in connection with the arrangement of a $480 million senior secured first lien term loan facility and a $125 million senior secured second lien term loan facility. Cravath also represented RBC Capital Markets in connection with the arrangement of a $75 million ABL revolving credit facility. In each case, the loans were made available to an affiliate of Lone Star Capital to finance the acquisition of Arclin, a chemistry and applications company. The transactions closed on February 14, 2017.
The Cravath team included partners Michael S. Goldman, Craig F. Arcella and Stephen M. Kessing and associates Jared B. Taylor, Matthew G. Jones, DongHwa Kim and Joe Lieberman on banking matters; partner J. Leonard Teti II and senior attorney Andrew Carlon on tax matters; associates Brian B. Kennedy and Peretz Riesenberg on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters. Anthony J. Ramirez and Valerie E. Wood also worked on banking matters, and Andrew L. Mandelbaum also worked on tax matters.
Deals & Cases
July 14, 2025
Cravath represented Weyerhaeuser Company in connection with its $1.75 billion revolving credit facility. Weyerhaeuser Company is one of the world’s largest private owners of timberlands. The transaction closed on June 30, 2025.
Deals & Cases
June 17, 2025
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $1.5 billion revolving credit facility made available to Coupang, Inc., a leading global technology and commerce company providing retail, restaurant delivery, video streaming and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play and Farfetch. The transaction closed on June 2, 2025.
Deals & Cases
January 03, 2025
Cravath represented iBanFirst, a portfolio company of Marlin Equity Partners, in connection with the amendment and restatement of its senior facilities agreement to implement a new term loan facility. Marlin Equity Partners is a leading global investment firm. The transaction closed on December 19, 2024.
Deals & Cases
December 02, 2024
Cravath represented Morgan Stanley, as administrative agent, joint lead arranger, joint bookrunner and collateral agent, in connection with a $500 million revolving credit facility made available to DraftKings Inc. and certain of its subsidiaries. DraftKings Inc. operate as a digital sports entertainment and gaming company in the United States and internationally. The transaction closed on November 7, 2024.
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