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Cravath Publishes Summer 2026 Issue of Alumni Journal

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News & Insights

Martin Marietta’s Revolving Credit Facility

February 03, 2017

Cravath represented the borrower, Martin Marietta Materials, Inc., in connection with its entry into a $700 million five‑year senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent. The proceeds of the facility may be used for general corporate purposes. Martin Marietta is a leading supplier of aggregates and heavy building materials. The transaction closed on December 5, 2016.

The Cravath team included partner Stephen M. Kessing and associates Matthew G. Jones and DongHwa Kim.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Industrials and Chemicals

People

Photo
Name
Stephen M. Kessing
Title
Corporate
Title
Partner
Email
skessing@cravath.com
Phone
+1-212-474-1152
vCard
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    Education

    • J.D., 2005, Duke Law School
      Order of the Coif, magna cum laude
    • M.B.A., 2001, University of Southern California
    • B.S., 1995, Miami University of Ohio

    Admitted In

    • New York

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    Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with a $600 million revolving credit facility made available to Valvoline Inc., a leader in automotive preventive maintenance delivering convenient and trusted services in its retail stores throughout the United States and Canada. The transaction closed on August 24, 2026.

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    AdvanSix Inc.’s Credit Facilities

    Cravath represented AdvanSix Inc. in connection with $425 million of credit facilities. AdvanSix Inc. is a leading integrated chemistry company that produces essential materials for diverse end markets. The facilities consisted of a $275 million revolving credit facility and a $150 million term loan facility. The transaction closed on August 14, 2026. 

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    Nexeye’s Repricing of its Term Loan Facility

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