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News & Insights

Reynolds Consumer Products Inc.’s $1.6 Billion Term Loan B Facility

March 10, 2025

Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with a $1.6 billion term loan B facility made available to Reynolds Consumer Products, a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of households across the United States, Reynolds Consumer Products manufactures and sells products that people use in their homes for cooking, serving, cleanup and storage. The transaction closed on March 4, 2025.

The Cravath team was led by partners Joseph D. Zavaglia and Isaac C. Beerman and included associate Maurice Temming. Benjamin Meyer also worked on this matter.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Consumer Products and Services

People

Photo
Name
Joseph D. Zavaglia
Title
Corporate
Title
Partner
Email
jzavaglia@cravath.com
Phone
+1-212-474-1724
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    Education

    • J.D., 2004, Brooklyn Law School
      Valedictorian, summa cum laude
    • B.B.A., 2001, College of Insurance
      cum laude

    Admitted In

    • New York
    Photo
    Name
    Isaac C. Beerman
    Title
    Corporate
    Title
    Partner
    Email
    ibeerman@cravath.com
    Phone
    +1-212-474-1048
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      Education

      • J.D., 2010, Harvard Law School
      • B.A., 2006, University of North Carolina at Chapel Hill
        Phi Beta Kappa, cum laude

      Admitted In

      • New York

      Related News & Insights

      Deals & Cases

      October 29, 2024

      Reynolds Consumer Products Inc.’s Revolving Credit Facility

      Cravath represented the lead bookrunner in connection with a $700 million revolving credit facility made available to Reynolds Consumer Products Inc. Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. The transaction closed on October 17, 2024.

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