Arrangement of Financing for Acquisition of Goodrich

On September 22, 2011, United Technologies Corporation announced it has reached agreement to acquire Goodrich Corporation, a global supplier of systems and services to the aerospace and defense industry, in a transaction valued at $18.4 billion. Cravath represented JPMorgan Chase, BofA Merrill Lynch and HBSC Bank USA, N.A., lead arrangers of $15 billion in committed financing to United Technologies.

The Cravath team included partners Tatiana Lapushchik and William V. Fogg, senior attorneys Daniel A. O’Shea and Kimberly A. Grousset and associates Jared W. DeMatteis and Patricia M. Groot on finance matters; partner Matthew Morreale on environmental matters; associate J. Leonard Teti II on tax matters; and associate Steven J. Lorch on executive compensation and benefits matters.