Pinnacle Foods’s $2.26 Billion Term Loan Facility and $225 Million Revolving Credit Facility
February 16, 2017
Cravath represented the borrower, Pinnacle Foods Finance LLC, in connection with the arrangement of its $2.262 billion seven‑year term loan facility and its $225 million five‑year revolving credit facility, provided by Barclays Bank PLC. The term loan facility will be used to repay existing term loans. The revolving credit facility will be used for working capital, capital expenditures and general corporate purposes. Pinnacle Foods Finance LLC is an indirect, wholly owned subsidiary of Pinnacle Foods Inc., a leading manufacturer, marketer and distributor of high quality, branded convenience food products. The transactions closed on February 7, 2017.
The Cravath team included partner Craig F. Arcella and associates Jennifer Uren, Alex L. Winkelman and Shakera M. Thompson on banking matters and associate Arvind Ravichandran on tax matters. Bradley M. Tarrash also worked on tax matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
-
B.A., 1995, Duke University
- New York
Education
Admitted In
Related News & Insights
Deals & Cases
October 09, 2023
US Foods, Inc.’s $1 Billion 144A/Reg. S High‑Yield Senior Notes Offering
Cravath represented US Foods, Inc. in connection with its $1 billion 144A/Reg. S high‑yield senior notes offering. US Foods, Inc. is a national leading foodservice distributor. The transaction closed on September 25, 2023.
Deals & Cases
June 09, 2023
US Foods’ Registered Secondary Offering of Common Stock
Cravath represented US Foods Holding Corp. in connection with a $694 million registered secondary offering of common stock by an affiliate of KKR & Co. Inc. US Foods Holding Corp. is a national leading foodservice distributor that partners with more than 250,000 restaurants and foodservice operators. The transaction closed on May 26, 2023.
