Westinghouse Air Brake Technologies Corporation’s $2.725 Billion of Credit Facilities
May 07, 2025
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with $2.725 billion of credit facilities made available to Westinghouse Air Brake Technologies Corporation and certain of its subsidiaries. Westinghouse Air Brake Technologies Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. The facilities consisted of a $2 billion revolving credit facility and a $725 million delayed draw term loan facility. The transaction closed on April 23, 2025.
The Cravath team included partner Tatiana Lapushchik and associate Joshua G. Ezickson on banking matters; associates Carolyn Liziewski and Frederick Schemel on tax matters; partner Matthew Morreale on environmental matters; and associate Louis (Jay) Kober on executive compensation and benefits matters. Lindsey Corbett also worked on banking matters.
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J.D., 2000, Harvard Law Schoolcum laude
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B.A., 1997, Barnard Collegesumma cum laude
- 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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March 25, 2024
Westinghouse Air Brake Technologies Corporation’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $500 million registered senior notes offering of Westinghouse Air Brake Technologies Corporation, one of the world's largest providers of value‑added, technology‑based equipment, systems and services for the global passenger transit and freight rail industries. The transaction closed on March 11, 2024.
