23 04 2016

DuPont secures $4.5 Billion Credit Facility

Cravath represented the agent, JPMorgan Chase Bank, N.A., in connection with the arrangement of a three‑year senior unsecured $4.5 billion term credit agreement and the reduction of an existing revolving credit facility, made available to E. I. du Pont de Nemours and Company.


E. I. du Pont de Nemours and Company is a global chemical and life sciences company, with businesses that include agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. The company, led by Edward D Breen, Randy L Stone, Nicholas C Fanandakis, James C Collins and Marc Doyle, is based in Wilmington (DE). The Cravath team included partner Tatiana Lapushchik (Picture), senior attorney Patrick J. Moriarty and associate Jennifer Uren on banking matters; associates Dmitry Zelik and Damien J. Rose on tax matters; associate Peretz Riesenberg on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters. Involved fees earner: Tatiana Lapushchik - Cravath Swaine & Moore; Patrick Moriarty - Cravath Swaine & Moore; Jennifer Uren - Cravath Swaine & Moore; Dmitry Zelik - Cravath Swaine & Moore; Damien Rose - Cravath Swaine & Moore; Peretz Riesenberg - Cravath Swaine & Moore; Matthew Morreale - Cravath Swaine & Moore;

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