Cravath’s London Office Moves to 100 Cheapside
Cravath represented the initial borrower, Valvoline Finco One LLC, a wholly owned and newly formed finance subsidiary of Valvoline US, in connection with the arrangement of an $875 million five‑year term loan A facility and a $450 million five‑year revolving credit facility, made available by The Bank of Nova Scotia, as administrative agent. The transaction closed on July 11, 2016.
The Cravath team included partner George E. Zobitz, senior attorney Christopher J. Kelly and associate Steven Y. Li on banking matters; partners Susan Webster and Thomas E. Dunn and associates C. Daniel Haaren, Vernie Chia and Ryan J. Patrone on securities matters; and partners Stephen L. Gordon and Lauren Angelilli, senior attorney Andrew Carlon and associate Peter W. Rogers on tax matters.
Deals & Cases
September 02, 2025
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
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.
Deals & Cases
July 14, 2025
Cravath represented Weyerhaeuser Company in connection with its $1.75 billion revolving credit facility. Weyerhaeuser Company is one of the world’s largest private owners of timberlands. The transaction closed on June 30, 2025.
Deals & Cases
June 17, 2025
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $1.5 billion revolving credit facility made available to Coupang, Inc., a leading global technology and commerce company providing retail, restaurant delivery, video streaming and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play and Farfetch. The transaction closed on June 2, 2025.
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