FactSet Research Systems Inc.’s $1.5 Billion of Credit Facilities

Cravath represented the borrower, FactSet Research Systems Inc., in connection with the arrangement of $1.5 billion of credit facilities used to refinance existing indebtedness and for working capital and other general corporate purposes. The facilities consisted of a $1 billion revolving credit facility and a $500 million term loan facility. The transactions closed on April 8, 2025.

The Cravath team included partner Tatiana Lapushchik and associate Jennie Young Carr on banking matters; associate Frederick Schemel on tax matters; and partner Jonathan J. Katz, practice area attorney David Crampton and associate Matthew S. Johnson on executive compensation and benefits matters.