Cravath’s London Office Moves to 100 Cheapside
July 29, 2015
Cravath represented JPMorgan Chase Bank, N.A. as arranger of a $5 billion bridge commitment and a $1 billion revolving credit facility to support Celgene Corporation’s acquisition of Receptos, Inc. Celgene Corporation is a global biopharmaceutical company with a primary focus in developing therapies to treat cancer and inflammatory diseases. The transaction closed on July 29, 2015.
The Cravath team included partners James D. Cooper and Stephen L. Burns, senior attorney Patrick J. Moriarty and associates Jacob B. Ornstein and Saarah Woodby on banking and securities matters; and partner David J. Kappos and senior attorney Anthony N. Magistrale on intellectual property matters. Summer associate Stephanie M. Park also worked on banking matters.
Deals & Cases
September 02, 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 Otis Worldwide Corporation, a leading elevator and escalator manufacturing, installation and service company. The transaction closed on August 8, 2025.
Deals & Cases
September 02, 2025
Cravath represented the administrative agent, lead arrangers and bookrunners in connection with $2 billion of credit facilities made available to Verisk Analytics, Inc. (“Verisk”), as part of the financing transactions undertaken in connection with its pending acquisition of Exactlogix, Inc. (“AccuLynx.com”). Verisk is a leading data, analytics and technology provider serving clients in the insurance ecosystem. The credit facilities consisted of a $750 million term loan facility and a $1.25 billion revolving credit facility. The transaction closed on August 15, 2025.
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.
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