Bakelite US Holdco, Inc. and Bakelite Synthetics UK Limited’s Credit Facilities
June 16, 2022
Cravath represented the administrative agents, joint lead arrangers and joint bookrunners in connection with the arrangement of $585 million of credit facilities made available to Bakelite US Holdco, Inc. and Bakelite Synthetics UK Limited, affiliates of the private equity firms Black Diamond Capital Management LLC and Investindustrial, in connection with the acquisition of Georgia‑Pacific Chemicals LLC, a part of the Georgia‑Pacific business which provides resin and formaldehyde technology to the industrial, chemicals and transportation markets. The facilities consisted of a $100 million asset‑based revolving credit facility and a $485 million term loan facility. The transactions closed on May 27, 2022.
The Cravath team included partner Tatiana Lapushchik, of counsel Kimberly A. Grousset and associates Wonnie Song Hall and Trevor Lutzow on banking matters; partner J. Leonard Teti II and associates Sonia Katharani‑Khan and Joana W. Li on tax matters; partner Matthew Morreale on environmental matters; partner Matthew J. Bobby and associates Tiffany B. Wong and Cortez Johnson on executive compensation and benefits matters; and practice area attorney Janet L. Lewis on real estate 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., 2005, University of Virginia School of LawOrder of the Coif
-
A.B., 1999, Princeton Universitywith Honors
- New York
Education
Admitted In
- Photo
-
-
J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.S., 1994, University of Pennsylvania
-
B.A., 1990, University of Pennsylvania
-
B.A.S., 1990, University of Pennsylvania
- New York
Education
Admitted In
- Photo
-
-
J.D., 2012, Harvard Law Schoolmagna cum laude
-
M.A., 2009, University of Pennsylvania
-
B.A., 2009, University of PennsylvaniaPhi Beta Kappa, summa cum laude
- New York
Education
Admitted In
Related News & Insights
Deals & Cases
September 08, 2026
Valvoline Inc.’s Revolving Credit Facility and High‑Yield Senior Notes Offering
Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with a $600 million revolving credit facility made available to Valvoline Inc., a leader in automotive preventive maintenance delivering convenient and trusted services in its retail stores throughout the United States and Canada. The transaction closed on August 24, 2026.
Deals & Cases
August 31, 2026
3M Company’s $4.25 Billion Revolving Credit Facility
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4.25 billion revolving credit facility made available to 3M Company, a leading diversified technology company. The transaction closed on August 17, 2026.
Deals & Cases
August 31, 2026
AdvanSix Inc.’s Credit Facilities
Cravath represented AdvanSix Inc. in connection with $425 million of credit facilities. AdvanSix Inc. is a leading integrated chemistry company that produces essential materials for diverse end markets. The facilities consisted of a $275 million revolving credit facility and a $150 million term loan facility. The transaction closed on August 14, 2026.
Deals & Cases
July 23, 2026
Nexeye’s Repricing of its Term Loan Facility
Cravath represented the arrangers in connection with the repricing of Nexeye Holding B.V.’s €325 million term loan facility. Nexeye Holding B.V., a portfolio company of KKR, is a leading European optical retailer. The transaction closed on June 9, 2026.
