Cravath’s London Office Moves to 100 Cheapside
Cravath represented the administrative agent, JPMorgan Chase Bank, N.A., in connection with the approximately $550 million of term loan facilities for Extreme Reach, Inc., to be used to refinance existing indebtedness and for working capital and other general corporate purposes, including the acquisition of Digital Generation, Inc. The facilities included a $385 million first‑lien term loan facility and $165 million second‑lien term loan facility. The transaction closed on July 8, 2016.
The Cravath team included partner George E. Zobitz and associate W. Lee Johnston. Summer associate Michael W. Fahner also worked on this matter.
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.
Deals & Cases
January 03, 2025
Cravath represented iBanFirst, a portfolio company of Marlin Equity Partners, in connection with the amendment and restatement of its senior facilities agreement to implement a new term loan facility. Marlin Equity Partners is a leading global investment firm. The transaction closed on December 19, 2024.
Deals & Cases
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.
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