Cravath represented JPMorgan Chase Bank, N.A. in connection with the arrangement of $800 million of senior secured credit facilities made available to Hess Infrastructure Partners LP.
The facilities included a $600 million revolving credit facility and a $200 million term loan facility, to be used for general corporate purposes. The transaction closed on November 22, 2017.
Hess Infrastructure Partners LP owns and operates natural gas processing and natural gas liquids fractionation infrastructure facility.
The Cravath team included partner Tatiana Lapushchik (Picture), senior attorney Kimberly A. Grousset and associate Claudia J. Ricciardi on banking matters; associates Joyce Y. Kim and Damien J. Rose on tax matters; and associate Christopher C. Gonnella on executive compensation and benefits matters. Catriela Cohen also worked on banking matters.
Involved fees earner: Tatiana Lapushchik – Cravath Swaine & Moore; Kimberly A. Grousset – Cravath Swaine & Moore; Claudia Ricciardi – Cravath Swaine & Moore; Joyce Kim – Cravath Swaine & Moore; Damien Rose – Cravath Swaine & Moore; Christopher Gonnella – Cravath Swaine & Moore;
Law Firms: Cravath Swaine & Moore;
Clients: JPMorgan Chase & Co.;