22 04 2016

Centene secures $1 Billion Credit Facility to support its acquisition of Health Net, Inc.

Cravath represented Wells Fargo Bank, N.A. as arranger and agent of a $1 billion unsecured revolving credit facility made available to Centene Corporation, a diversified, multi‑line healthcare enterprise, to support its acquisition of Health Net, Inc.


Centene Corporation is a Fortune 500 company and a leading multi-line healthcare enterprise that provides services to government healthcare programs. The Cravath team included partner Stephen M. Kessing (Picture) and associate Shamil P. Kotecha on banking matters; and partner J. Leonard Teti II and associate Dmitry Zelik on tax matters. Involved fees earner: Stephen Kessing - Cravath Swaine & Moore; Shamil Kotecha - Cravath Swaine & Moore; J. Leonard Teti II - Cravath Swaine & Moore; Dmitry Zelik - Cravath Swaine & Moore;

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