Home Depot’s $14.5 Billion of Revolving Credit Facilities in Connection with the Pending Acquisition of SRS Distributions Inc.
May 21, 2024
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with $14.5 billion of credit facilities made available to The Home Depot, Inc., the world’s largest home improvement retailer, as part of the financing transactions undertaken in connection with the pending acquisition of SRS Distribution Inc. The facilities consisted of a $10 billion revolving credit facility, $3.5 billion 364‑day revolving credit facility and $1.0 billion three‑year revolving credit facility. The transaction closed on May 7, 2024.
The Cravath team included partner Tatiana Lapushchik and associates Julia Nagle and Hannah Gehringer on banking matters, associate Eduardo D. Jacobo on tax matters, and practice area attorney David Crampton and associate Jonathan C. Nickas on executive compensation and benefits matters.
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J.D., 2000, Harvard Law Schoolcum laude
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B.A., 1997, Barnard Collegesumma cum laude
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