Pactiv Evergreen’s $2.43 Billion of Upsized Credit Facilities
June 28, 2024
Cravath represented the term loan facility administrative agent and revolving credit facility administrative agent in connection with $2.43 billion of upsized credit facilities made available to Pactiv Evergreen Inc. and certain of its subsidiaries. Pactiv Evergreen Inc. is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The facilities consisted of an upsized $1.1 billion revolving credit facility and an upsized $1.33 billion term loan facility. The transactions closed on May 1, 2024, and May 28, 2024.
The Cravath team included partners Joseph D. Zavaglia and Douglas Dolan, of counsels Sarah F. Rosen and Isaac C. Beerman and associates Nadia T. Odai‑Afotey, Maurice Temming and Emily E. Gust.
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J.D., 2004, Brooklyn Law SchoolValedictorian, summa cum laude
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B.B.A., 2001, College of Insurancecum laude
- New York
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J.D., 2014, New York University School of Lawmagna cum laude
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B.A., 2011, Cornell University
- New York
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J.D., 2005, Columbia Law SchoolHarlan Fiske Stone Scholar
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B.A., 2002, New York Universitymagna cum laude
- New York
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J.D., 2010, Harvard Law School
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B.A., 2006, University of North Carolina at Chapel HillPhi Beta Kappa, cum laude
- New York
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