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News & Insights

Gannett Holdings LLC’s Term Loan Facility

October 29, 2024

Cravath represented Gannett Holdings LLC in connection with its $900 million senior secured term loan facility. Gannett Holdings LLC is a wholly owned subsidiary of Gannett Co., Inc., a leading diversified media company with expansive reach at the national and local level dedicated to empowering and enriching communities. The transaction closed on October 15, 2024. 

The Cravath team included partners George E. Zobitz and Christopher J. Kelly, of counsel Sarah F. Rosen and associate Jennie Young Carr. Julia Spencer also worked on this matter. 

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Media and Entertainment

People

Name
George E. Zobitz
Title
Corporate
Title
Partner
Email
jzobitz@cravath.com
Phone
+1-212-474-1996
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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
    Photo
    Name
    Christopher J. Kelly
    Title
    Corporate
    Title
    Partner
    Email
    cjkelly@cravath.com
    Phone
    +1-212-474-1406
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      Education

      • J.D., 1999, Harvard Law School
      • B.A., 1996, Columbia University
        Phi Beta Kappa, summa cum laude

      Admitted In

      • New York
      Name
      Sarah F. Rosen
      Title
      Corporate
      Title
      Partner
      Email
      srosen@cravath.com
      Phone
      +1-212-474-1750
      vCard
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        Education

        • J.D., 2005, Columbia Law School
          Harlan Fiske Stone Scholar
        • B.A., 2002, New York University
          magna cum laude

        Admitted In

        • New York

        Related News & Insights

        Deals & Cases

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        Otis Worldwide Corporation’s $1.5 Billion Revolving Credit Facility

        Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $1.5 billion revolving credit facility made available to Otis Worldwide Corporation, a leading elevator and escalator manufacturing, installation and service company. The transaction closed on August 8, 2025.

        Deals & Cases

        September 02, 2025

        Verisk’s $2 Billion of Credit Facilities in Connection with its Pending Acquisition of AccuLynx.com

        Cravath represented the administrative agent, lead arrangers and bookrunners in connection with $2 billion of credit facilities made available to Verisk Analytics, Inc. (“Verisk”), as part of the financing transactions undertaken in connection with its pending acquisition of Exactlogix, Inc. (“AccuLynx.com”). Verisk is a leading data, analytics and technology provider serving clients in the insurance ecosystem. The credit facilities consisted of a $750 million term loan facility and a $1.25 billion revolving credit facility. The transaction closed on August 15, 2025.

        Deals & Cases

        July 14, 2025

        Weyerhaeuser Company’s $1.75 Billion Revolving Credit Facility

        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

        Coupang, Inc.’s $1.5 Billion Revolving Credit Facility

        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.

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