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News & Insights

Credit Suisse’s Arrangement of Financing for WellPoint’s Acquisition of Amerigroup

July 10, 2012

On July 9, 2012, WellPoint, Inc. and Amerigroup Corporation announced that they have entered into a definitive agreement through which WellPoint will acquire Amerigroup, one of the nation’s leading managed care companies, for approximately $4.9 billion. Cravath represented Credit Suisse, lead arranger of $3 billion in committed financing to WellPoint in connection with this transaction. The acquisition is expected to close in the first quarter of 2013.

The Cravath team included partners Michael S. Goldman and William J. Whelan III and associates Katerina M. Novak and Benjamin S. Persina.

Related Practices & Industries

  • Corporate
  • Healthcare and Life Sciences

People

Photo
Name
Michael S. Goldman
Title
Corporate
Title
Retired Partner
Email
mgoldman@cravath.com
Phone
+1-212-474-1999
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    Education

    • J.D., 1987, Fordham University School of Law
      cum laude
    • B.A., 1984, University of Pennsylvania
      cum laude
    Photo
    Name
    William J. Whelan III
    Title
    Corporate
    Title
    Retired Partner
    Email
    wwhelan@cravath.com
    Phone
    +1-212-474-1999
    vCard
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      Education

      • J.D., 1983, Fordham University School of Law
        cum laude
      • B.A., 1980, University of Virginia
        with Distinction

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      Deals & Cases

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      Genmab’s $3.5 Billion of Credit Facilities and Offering of $1.5 Billion Senior Secured Notes and $1 Billion Senior Unsecured Notes in Connection with its Acquisition of Merus

      Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with $3.5 billion of credit facilities made available to Genmab, a leading international biotechnology company, and one of its wholly‑owned subsidiaries, Genmab Finance LLC, as part of the financing transactions undertaken in connection with its acquisition of Merus N.V., a leading oncology company developing innovative antibody therapeutics. The credit facilities consisted of a $2 billion term loan “B” facility, a $1 billion term loan “A” facility and a $500 million revolving credit facility. The transaction closed on December 12, 2025.

      Deals & Cases

      December 24, 2025

      Ameren’s $3.2 Billion of Revolving Credit Facilities

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with $3.2 billion of revolving credit facilities made available to Ameren Corporation and Union Electric Company (the “Missouri Borrowers”) and Ameren Corporation and Ameren Illinois Company (the “Illinois Borrowers”). Ameren Corporation is an American power company that engages in the rate‑regulated electric generation, transmission and distribution activities; and rate‑regulated natural gas distribution and transmission businesses. The facilities consisted of a $1.9 billion revolving credit facility (Missouri Borrowers) and $1.3 billion revolving credit facility (Illinois Borrowers). The transaction closed on December 10, 2025.

      Deals & Cases

      November 24, 2025

      Thomson Reuters Corporation’s $2 Billion Revolving Credit Facility

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $2 billion revolving credit facility made available to Thomson Reuters Corporation, a leading AI and technology company empowering professionals with trusted content and workflow automation. The transaction closed on November 10, 2025.

      Deals & Cases

      October 30, 2025

      Valero Energy Corporation’s $4 Billion Revolving Credit Facility

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4 billion revolving credit facility made available to Valero Energy Corporation, a leading multinational manufacturer and marketer of petroleum‑based and low‑carbon liquid transportation fuels and petrochemical products. The transaction closed on October 16, 2025.

      Cravath Bicentennial

      Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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