DraftKings Inc.’s Credit Facility
December 02, 2024
Cravath represented Morgan Stanley, as administrative agent, joint lead arranger, joint bookrunner and collateral agent, in connection with a $500 million revolving credit facility made available to DraftKings Inc. and certain of its subsidiaries. DraftKings Inc. operate as a digital sports entertainment and gaming company in the United States and internationally. The transaction closed on November 7, 2024.
The Cravath team included partners Joseph D. Zavaglia and Matthew M. Kelly and associates Fay E. Faught and Alexander Williams‑Pratt on financing matters, and partner Arvind Ravichandran and associates Chloe Amarilla and Frederick Schemel on tax matters.
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People
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J.D., 2004, Brooklyn Law SchoolValedictorian, summa cum laude
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B.B.A., 2001, College of Insurancecum laude
- New York
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J.D., 2013, New York University School of LawJohn Norton Pomeroy Scholar; Benjamin Butler Scholar; Order of the Coif, magna cum laude
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A.B., 2006, Dartmouth Collegecum laude
- New York
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J.D., 2012, Columbia Law School
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B.A., 2009, Columbia College
- New York
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Aptiv PLC’s $3.1 Billion of Credit Facilities
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