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News & Insights

Ingersoll‑Rand’s $1 Billion Unsecured Revolving Credit Facility

April 08, 2016

Cravath represented the administrative agent, JPMorgan Chase Bank, N.A., in connection with the arrangement of a $1 billion unsecured five‑year revolving credit facility made available to Ingersoll‑Rand Global Holding Company Limited and Ingersoll‑Rand Luxembourg Finance S.A., to refinance existing indebtedness and for working capital and general corporate purposes. The transaction closed on March 15, 2016.

The Cravath team included partner George E. Zobitz and associates Sharon Freiman and Douglas M. Giannantonio on banking matters and partner J. Leonard Teti II and associates Kiran Sheffrin and Dmitry Zelik on tax matters. Joyce Y. Kim also worked on tax matters.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Tax
  • Industrials and Chemicals

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
    J. Leonard Teti II
    Title
    Tax
    Title
    Partner
    Email
    lteti@cravath.com
    Phone
    +1-212-474-1896
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      Education

      • J.D., 2005, University of Virginia School of Law
        Order of the Coif
      • A.B., 1999, Princeton University
        with Honors

      Admitted In

      • New York

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