Compass Minerals’s Senior Secured Term Loan Facility and Senior Secured Revolving Loan Facility
May 09, 2016
Cravath represented the agent, JPMorgan Chase Bank, N.A., in connection with the arrangement of a $400 million senior secured term loan facility made available to Compass Minerals International, Inc., to be used to refinance existing indebtedness, and a $300 million senior secured revolving loan facility made available to Compass Minerals International, Inc. and its subsidiaries, Compass Minerals Canada Corp. and Compass Minerals UK Limited, to be used for working capital requirements and other general corporate purposes, including distributions. The transaction closed on April 20, 2016.
The Cravath team included partner George E. Zobitz, senior attorney Christopher J. Kelly and associates David J. Benhamou, Samuel P. Niles and Patrick E. Bassey on banking matters; associate Arvind Ravichandran on tax matters; and partner Matthew Morreale on environmental matters.
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People
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J.D., 1995, New York University School of Lawwith Honors, cum laude
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B.A., 1991, Franklin & Marshall College
- New York
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J.D., 1999, Harvard Law School
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B.A., 1996, Columbia UniversityPhi Beta Kappa, summa cum laude
- New York
Education
Admitted In
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
- New York
Education
Admitted In
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