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News & Insights

Arrangement of Financing for Acquisition of Certain Businesses of UTC

July 27, 2012

On July 25, 2012, United Technologies Corporation entered into a definitive agreement pursuant to which affiliates of the Carlyle Group L.P. and BC Partners Ltd will acquire certain industrial businesses of its Hamilton Sundstrand subsidiary for approximately $3.5 billion. Cravath represented Credit Suisse as joint lead arranger of committed financing in connection with this transaction.

The Cravath team included partners Craig F. Arcella and Joseph D. Zavaglia, and associates Brandon R. DeFrehn and Christopher K. Couvelier.

Related Practices & Industries

  • Corporate
  • Private Equity
  • Industrials and Chemicals

People

Photo
Name
Craig F. Arcella
Title
Corporate
Title
Partner
Email
carcella@cravath.com
Phone
+1-212-474-1024
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    Education

    • J.D., 1998, Columbia Law School
      Harlan Fiske Stone Scholar
    • B.A., 1995, Duke University

    Admitted In

    • New York
    Photo
    Name
    Joseph D. Zavaglia
    Title
    Corporate
    Title
    Partner
    Email
    jzavaglia@cravath.com
    Phone
    +1-212-474-1724
    vCard
    Download vCard

      Education

      • J.D., 2004, Brooklyn Law School
        Valedictorian, summa cum laude
      • B.B.A., 2001, College of Insurance
        cum laude

      Admitted In

      • New York

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