24 03 2016

$6.4 Billion Financing for Acquisition of Keurig Green Mountain, Inc.

Davis Polk advised the administrative agent and collateral agent, and the joint lead arrangers, joint bookrunners and syndication agents, regarding the $6.4 billion credit facilities being provided to Maple Holdings Acquisition Corp., a company controlled by JAB Holding Company S.a.r.l. (“JAB”), certain of its affiliates and certain co-investors, in connection with its acquisition of Keurig Green Mountain, Inc. (“Keurig”).


BofA Merrill Lynch acted as administrative agent, bookrunner and arranger for, and/or as a lender on the transaction. The financing consists of a $3.075 billion term loan A facility, $1.875 billion and €842 million term loan B facilities and a $500 million revolving credit facility. The proceeds of the term loan credit facilities were used to finance the acquisition of Keurig and to refinance Keurig’s existing credit facilities. The revolving credit facility will be used for general corporate and other purposes. Keurig, known for its single-serve coffee brewing systems and beverage products, is a personal beverage system company. JAB is a privately held group focused on investments in companies with premium brands in the consumer goods category. The Davis Polk financing team included partners Meyer C. Dworkin (Picture), James A. Florack, Monica Holland and Jason Kyrwood and associates Stevan R.B. Nicholas, Alexandra (“Z-Z”) L. Cowen and Marisa T. Kirio. Involved fees earner: Meyer Dworkin - Davis Polk & Wardwell; James Florack - Davis Polk & Wardwell; Monica Holland - Davis Polk & Wardwell; Jason Kyrwood - Davis Polk & Wardwell; Stevan Nicholas - Davis Polk & Wardwell; Alexandra Cowen - Davis Polk & Wardwell; Marisa Kirio - Davis Polk & Wardwell;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS 2017 CELEBRATE EXCELLENCES IN LONDON.

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr

Will Brexit break London's place as FinTech Capital?

17/11/2016

Fintech, it’s described as the disruption in financial services pushed by consume

Le Fonti IAIR Awards 2016 celebrates excellences in London.

17/10/2016

On October 14th, 2016, the world’s leading corporate stars aligned for a momentou

IAIR AWARDS 2016 IN NEW YORK: EMONEY ADVISOR, C.A.S.H., CREDIT SUISSE AND CHEETAH MOBILE AMONG THE WINNERS

15/04/2016

More than 19 Excellences in the global economy at the VI Annual Edition of IAIR AWARDS&