Forterra’s $1.05 Billion Senior Secured Term Loan Facility
November 23, 2016
Cravath represented Credit Suisse AG in connection with the arrangement of a $1.05 billion senior secured term loan facility for Forterra Finance, LLC, a subsidiary of Forterra, Inc., to repay existing indebtedness in connection with its initial public offering. Forterra, Inc. is a leading manufacturer of pipe and precast products. The transaction closed concurrently with Forterra’s IPO on October 25, 2016.
The Cravath team included partners Craig F. Arcella and Stephen M. Kessing, foreign associate attorney Nicholas A. Hyde and associate Zachary L. Profant on banking matters; partner J. Leonard Teti II and associates Dmitry Zelik and Ashley May on tax matters; and partner Matthew Morreale on environmental matters. Anthony J. Ramirez also worked on banking matters.
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People
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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B.A., 1995, Duke University
- New York
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J.D., 2005, Duke Law SchoolOrder of the Coif, magna cum laude
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M.B.A., 2001, University of Southern California
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B.S., 1995, Miami University of Ohio
- New York
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J.D., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
- New York
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
- New York
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