GSO Secured Lending Fund’s $550 Million Credit Facilities

Cravath represented Citibank, N.A., as administrative agent, in connection with the arrangement of credit facilities.

The $550 million of credit facilities were made available to Blackstone / GSO Secured Lending Fund, an externally managed and non-diversified closed-end investment company. The transaction closed on June 15, 2020.

The Cravath team included partner Stephen M. Kessing (Picture) and associates Janice T. P. Martindale and Vanessa Isler on banking matters, and partner J. Leonard Teti II and associates Peter W. Rogers and Luis Calderon-Gomez on tax matters.

Involved fees earner: Luis Calderon Gomez – Cravath Swaine & Moore; Vanessa Isler – Cravath Swaine & Moore; Stephen Kessing – Cravath Swaine & Moore; Janice T. P. Martindale – Cravath Swaine & Moore; Peter Rogers – Cravath Swaine & Moore; J. Leonard Teti II – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Citibank;

Author: Ambrogio Visconti