Pharmaceutical Product Development’s Senior Secured Credit Facilities
August 20, 2015
On August 18, 2015, Pharmaceutical Product Development, LLC (“PPD”), a leading global contract research organization providing drug discovery, development, lifecycle management and laboratory services, closed a dividend recapitalization transaction. Cravath represented Credit Suisse as lead arranger in connection with the arrangement of $2.875 billion of senior secured credit facilities. PPD is a portfolio company of The Carlye Group and Hellman & Friedman.
The Cravath team included partner Joseph D. Zavaglia and associates Matthew G. Jones and Sean M. Gholz. Summer associate Nathan H. Trunnell also worked on this matter.
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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
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