Vista Outdoor’s Amended and Restated Revolving Credit Facility and Term Loan Facility

Cravath represented the borrower, Vista Outdoor Inc., in connection with its amended and restated $400 million revolving credit facility and $640 million term loan A facility with Bank of America, N.A., as administrative agent. Vista Outdoor Inc. is a leading global designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. A portion of the proceeds from the facilities were used by Vista to consummate its acquisition of BRG Sports Inc.’s Action Sports division. The transaction closed on April 1, 2016.

The Cravath team included partner Stephen M. Kessing and associates Renee A. Brutus and Peter H. Webb on banking matters and associates Jonathan D. Grossman and Ashley May on tax matters.