Chrysler’s Senior Debt Offering
May 24, 2011
Cravath represented the initial purchasers (led by BofA Merrill Lynch, Goldman, Sachs & Co., Citi and Morgan Stanley) in connection with the US$3.2 billion 144A/Reg. S high-yield secured senior debt offering of Chrysler Group, LLC, a leading North American automotive manufacturer. Cravath also represented Morgan Stanley, Goldman Sachs & Co., Citi and BofA Merrill Lynch as lead arrangers of US$4.3 billion of senior first-lien credit facilities for Chrysler, consisting of a US$3.0 billion Tranche B Term Facility and a US$1.3 billion Revolving Credit Facility. The transaction closed on May 24, 2011.
The Cravath team included partners William P. Rogers, Jr. and James D. Cooper.
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J.D., 1978, Case Western Reserve University School of Law
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B.A., 1972, Union Collegecum laude
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J.D., 1979, Yale Law School
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A.B., 1976, University of ChicagoPhi Beta Kappa, summa cum laude
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