Salient CRGT’s Term Loan Facility and Revolving Credit Facility
March 28, 2017
Cravath represented Credit Suisse AG and the other arrangers of a $420 million five‑year term loan facility and a $35 million revolving credit facility, made available to Salient CRGT Inc., a leading provider of software development, data analytics, mobility, cybersecurity and infrastructure solutions. The term loans will be used to finance the acquisition of Triple‑I Holdings, LLC from DFW Capital Partners. The revolving loans will be used for working capital and general corporate purposes. The transaction closed on February 23, 2017.
The Cravath team included partner Craig F. Arcella, associates Ankur N. Patel, Isaac C. Beerman and Alex L. Winkelman and foreign associate attorney Zachary B. Kedgley‑Foot on banking matters; and partner Matthew Morreale on environmental matters. Nathan H. Trunnell also worked on banking matters.
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People
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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B.A., 1995, Duke University
- New York
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
- New York
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