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News & Insights

Extreme Reach’s Term Loan Facilities

July 28, 2016

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.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Media and Entertainment
  • Technology

People

Name
George E. Zobitz
Title
Corporate
Title
Partner
Email
jzobitz@cravath.com
Phone
+1-212-474-1996
vCard
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    Education

    • J.D., 1995, New York University School of Law
      with Honors, cum laude
    • B.A., 1991, Franklin & Marshall College

    Admitted In

    • New York

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