Tupperware’s $650 Million Revolving Credit Facility

Cravath represented JPMorgan Chase Bank, N.A., as administrative agent and lead arranger, in connection with the arrangement of a $650 million revolving credit facility made available to Tupperware Brands Corporation.

Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories in Europe, Africa, the Middle East, the Asia Pacific, North America, and South America. The company engages in the manufacture and sale of design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.

The Cravath team included partner Tatiana Lapushchik (Picture) and associate Kendra L. Sandidge on banking matters, and associates Andrew L. Mandelbaum and Leon B. Dalezman on tax matters. Robin M. Gimm also worked on banking matters.

Involved fees earner: Leon Dalezman – Cravath Swaine & Moore; Robin M. Gimm – Cravath Swaine & Moore; Tatiana Lapushchik – Cravath Swaine & Moore; Andrew Mandelbaum – Cravath Swaine & Moore; Kendra Sandidge – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Tupperware Brands Corporation;

Author: Ambrogio Visconti