Arrangement of Credit Facilities for DuPont’s Acquisition of Danisco
January 12, 2011
On January 10, 2011, DuPont announced that it had entered into a definitive agreement for the acquisition of Danisco, a global enzyme and specialty food ingredients company, for $5.8 billion in cash and assumption of $500 million of Danisco net debt. Cravath represented JPMorgan and Goldman, Sachs & Co. as arrangers of credit facilities to provide financing for the acquisition. The transaction is expected to close early in the second quarter of 2011.
The Cravath team included partners James D. Cooper and Tatiana Lapushchik, senior attorney Patrick J. Moriarty and associate Michael D. Baird on banking and finance matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 2000, Harvard Law Schoolcum laude
-
B.A., 1997, Barnard Collegesumma cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 1979, Yale Law School
-
A.B., 1976, University of ChicagoPhi Beta Kappa, summa cum laude
Education
Related News & Insights
Deals & Cases
July 14, 2025
Weyerhaeuser Company’s $1.75 Billion Revolving Credit Facility
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
Coupang, Inc.’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 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
iBanFirst’s Amendment and Restatement of its Senior Facilities Agreement
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
DraftKings Inc.’s Credit Facility
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.
