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News & Insights

Reynolds Consumer Products Inc.’s Revolving Credit Facility

October 29, 2024

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.

The Cravath team included partner Joseph D. Zavaglia, of counsel Isaac C. Beerman and associate Maurice Temming. Benjamin Meyer also worked on the 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
vCard
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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
    vCard
    Download vCard

      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

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      Deals & Cases

      October 30, 2025

      Valero Energy Corporation’s $4 Billion Revolving Credit Facility

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4 billion revolving credit facility made available to Valero Energy Corporation, a leading multinational manufacturer and marketer of petroleum‑based and low‑carbon liquid transportation fuels and petrochemical products. The transaction closed on October 16, 2025.

      Deals & Cases

      October 14, 2025

      Crane Company’s $1.8 Billion of Credit Facilities in Connection with its Pending Acquisition of PSI Product Line from Baker Hughes

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with $1.8 billion of credit facilities made available to Crane Company, as part of the financing transactions undertaken in connection with its pending acquisition of Precision Sensors & Instrumentation (“PSI”) product line from Baker Hughes, a leading energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. Crane Company is a leading industrial manufacturing and technology company. The credit facilities consisted of a $900 million term loan facility and a $900 million revolving credit facility. The transaction closed on September 30, 2025.

      Deals & Cases

      September 02, 2025

      Otis Worldwide Corporation’s $1.5 Billion Revolving Credit Facility

      Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $1.5 billion revolving credit facility made available to Otis Worldwide Corporation, a leading elevator and escalator manufacturing, installation and service company. The transaction closed on August 8, 2025.

      Deals & Cases

      September 02, 2025

      Verisk’s $2 Billion of Credit Facilities in Connection with its Pending Acquisition of AccuLynx.com

      Cravath represented the administrative agent, lead arrangers and bookrunners in connection with $2 billion of credit facilities made available to Verisk Analytics, Inc. (“Verisk”), as part of the financing transactions undertaken in connection with its pending acquisition of Exactlogix, Inc. (“AccuLynx.com”). Verisk is a leading data, analytics and technology provider serving clients in the insurance ecosystem. The credit facilities consisted of a $750 million term loan facility and a $1.25 billion revolving credit facility. The transaction closed on August 15, 2025.

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