Baptist Health South Florida’s $250 Million Revolving Credit Facility

Cravath represented Bank of America, N.A., as administrative agent, in connection with the arrangement of the revolving credit facility.

Baptist Health South Florida obtained a $250 million revolving credit facility. The transaction closed on June 19, 2020.

Baptist Health South Florida, Inc., a not-for-profit health care organization that operates medical plazas, surgical facilities and hospitals.

The Cravath team advising Bank of America included partner Michael S. Goldman (Picture) and associates Kelly M. Smercina and Carol Lin on banking matters, and partner J. Leonard Teti II on tax matters. Duncan H. Hardell also worked on tax matters.

Involved fees earner: Michael Goldman – Cravath Swaine & Moore; Kelly Smercina – Cravath Swaine & Moore; J. Leonard Teti II – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Bank of America;

Author: Ambrogio Visconti