First Solar, Inc.’s $1 Billion Senior Secured Revolving Credit Facility

Cravath represented First Solar, Inc. in connection with its $1 billion senior secured revolving credit facility. First Solar, Inc. is a leading American solar technology company and global provider of comprehensive PV solar energy solutions. The transaction closed on June 30, 2023.

The Cravath team included partner Joseph D. Zavaglia, of counsel Isaac C. Beerman and associate Jill C. Refvem on banking matters; of counsel Elizabeth Albert on derivatives matters; partner Arvind Ravichandran on tax matters; and practice area attorney David Crampton on executive compensation and benefits matters. Tristan Baylor also worked on tax matters and summer associate Jaclyn A. Schulze also worked on banking matters.