Credit Suisse AG’s $3 Billion Registered Senior Medium‑Term Note Takedown

Cravath represented the underwriters, led by Credit Suisse, in connection with the $2 billion registered medium‑term note takedown of Credit Suisse AG, a wholly owned subsidiary of Credit Suisse Group, a global financial services company. The transaction closed on November 12, 2019.

Cravath represented Credit Suisse, as administrative agent and lead arranger, in connection with the arrangement of $725 million of first lien credit facilities made available to Sorenson Communications, LLC, a provider of videophones and software to deaf and hard-of-hearing individuals. The credit facilities consisted of a $700 million term facility and a $25 million revolving credit facility. The transaction closed on April 29, 2019.

Cravath represented Credit Suisse, as administrative agent and lead arranger, in connection with the arrangement of a $325 million term loan facility to finance Avison Young (Canada) Inc.’s acquisition of GVA Grimley Holdings Limited. Avison Young is an international commercial real estate brokerage firm. The transaction closed on January 31, 2019.

Cravath represented Credit Suisse AG, Cayman Islands Branch, as administrative agent, in connection with the arrangement of $270 million of secured credit facilities made available to AssetMark Financial Holdings, Inc., a provider of investment solutions to financial advisors. The facilities consisted of a $250 million term loan facility and a $20 million revolving credit facility. The transaction closed on November 14, 2018.