Cravath’s London Office Moves to 100 Cheapside
December 13, 2012
On December 13, 2012, affiliates of the Carlyle Group L.P. (“Carlyle”) and BC Partners Ltd (“BCP”) completed their approximately $3.4 billion acquisition of the Hamilton Sundstrand industrial businesses from United Technologies Corporation. Cravath, having previously represented Credit Suisse as joint lead arranger of committed financing in connection with the acquisition, represented Credit Suisse and the other initial purchasers in an offering of $650 million of senior notes of Silver II Borrower S.C.A. and Silver II US Holdings, LLC, issuers controlled by affiliates of Carlyle and BCP. The senior notes were sold in a Rule 144A offering that also closed on December 13, 2012. Proceeds from the offering were used as part of the financing for the acquisition.
The Cravath team included partner Craig F. Arcella and associate Christopher K. Couvelier on corporate matters; senior attorney Annmarie M. Terraciano on environmental matters; associate Neetin Gulati on tax matters; and associate Sarah E. Fortt on executive compensation and benefits matters. A. Rebecca Hurt also worked on corporate 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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