Cravath’s London Office Moves to 100 Cheapside
May 10, 2023
On May 6, 2023, Cravath partner Andrew T. Davis participated in the American Bar Association’s Tax Section 2023 May Tax Meeting, which was held from May 4‑6, 2023 in Washington, D.C. Andrew spoke on a panel entitled “Downstream Reorganizations,” which examined the special issues raised by downstream reorganizations, including those relating to step transaction principles, business purpose and continuity of business enterprise.
Deals & Cases
April 03, 2023
Cravath represented the arranger and the administrative agent in connection with the arrangement of $850 million of credit facilities, consisting of a $500 million revolving credit facility and a $350 million term loan facility, made available to Crane Holdings, Co. (which was renamed Crane NXT, Co.) on March 31, 2023 and the $800 million of credit facilities, consisting of a $500 million revolving credit facility and a $300 million term loan facility, made available to Crane Company on April 3, 2023.
Deals & Cases
March 13, 2023
Cravath represented the initial purchasers in connection with the $1 billion 144A/Reg. S high‑yield senior secured notes offering of TransDigm Inc., a leading global designer, producer and supplier of highly engineered aircraft components. The transaction closed on February 24, 2023.
Deals & Cases
March 09, 2023
Cravath represented the initial purchasers in connection with the $1.1 billion 144A/Reg. S high‑yield senior secured additional notes offering of TransDigm Inc., a leading global designer, producer and supplier of highly engineered aircraft components. The transaction closed on March 9, 2023.
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