Cravath’s New York Office Moves to Two Manhattan West
Cravath represented the administrative agent, sole lead arranger and sole bookrunner in connection with a £375 million term loan facility made available to Mars, Incorporated to finance the recommended acquisition of Hotel Chocolat Group plc. Mars, Incorporated is one of the world’s largest privately-held, family-owned businesses with a history of successfully building and growing market-leading consumer brands for over 100 years. The transaction closed on November 16, 2023.
The Cravath team included partners Tatiana Lapushchik, Korey Fevzi and Philip Stopford, of counsel Kimberly A. Grousset and associates William Edin and Katherine McAlinden on banking matters; partner Arvind Ravichandran and associate Emily R. Eskin on tax matters; and partner Jonathan J. Katz and practice area attorney David Crampton on executive compensation and benefits matters. William Swisher also worked on tax matters and Oscar Porter also worked on executive compensation and benefits matters.
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