Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 10-10-2016 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | First Reserve Acquisition of Applied-Cleveland Holdings | Industry: | Oil Equipment, Services & Distribution |
| Description: |
Cravath represented Owl Rock Capital Corporation as a direct lender of USD110 million term and revolving credit facilities to finance private equity firm First Reserve's acquisition of Applied-Cleveland Holdings, Inc. from Nautic Partners. Applied-Cleveland Holdings Inc. provides third-party inspection services for the maintenance of oil and natural gas transmission, distribution, midstream and gathering lines and other critical infrastructure.
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| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Lender | Law Firm | Cravath |
| Borrower Jurisdiction: | United States | Lender Jurisdiction: | United States |
| Classification: |
Acquisition Finance Private Company Acquisition |
Lawyer | Tatiana Lapushchik |
