25 04 2016

GoPro's secures $250 Million ABL Revolving Credit Facility

Cravath represented the agent, JPMorgan Chase Bank, N.A., in connection with the arrangement of a $250 million ABL revolving credit facility made available to GoPro, Inc. and its wholly owned subsidiary, GoPro Coöperatief U.A., to be used for working capital and other general corporate purposes. GoPro is a leading manufacturer of versatile cameras.


GoPro, Inc. develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing, and enjoying engaging content. The company, led by Nicholas D. Woodman, Anthony John Bates and Sharon S. Zezima, is based in San Mateo (CA). The Cravath team included partner Tatiana Lapushchik (Picture), senior attorney Patrick J. Moriarty and associate Alex M. Dzioba on banking matters; partner J. Leonard Teti II and associate Damien J. Rose on tax matters; associate Peretz Riesenberg on executive compensation and benefits matters; and senior attorney Annmarie M. Terraciano on environmental matters. Involved fees earner: Tatiana Lapushchik - Cravath Swaine & Moore; Patrick Moriarty - Cravath Swaine & Moore; Alex Dzioba - Cravath Swaine & Moore; J. Leonard Teti II - Cravath Swaine & Moore; Damien Rose - Cravath Swaine & Moore; Peretz Riesenberg - Cravath Swaine & Moore; Annmarie Terraciano - Cravath Swaine & Moore;

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