INEOS Styrolution’s Term Loan Facilities

Cravath represented INEOS Styrolution Group GmbH and INEOS Styrolution US Holding LLC in connection with the arrangement of a $419 million term loan facility, a €374 million Tranche 1 term loan facility and a €249 million Tranche 2 term loan facility. The facilities will be used to repay existing indebtedness. The transaction closed on March 30, 2017.

The Cravath team included partner Tatiana Lapushchik and associate Saarah Woodby on banking matters and senior attorney Annmarie M. Terraciano on environmental matters. Benjamin T. Dye also worked on banking matters and Philip F. Schreiber worked on executive compensation and benefits matters.