10/30/2025 | Press release | Distributed by Public on 10/30/2025 12:08
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $4 billion revolving credit facility made available to Valero Energy Corporation, a leading multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products. The transaction closed on October 16, 2025.
The Cravath team included partner Tatiana Lapushchik and associates Sungmin An and Lindsey Corbett on banking matters; partner Andrew T. Davis and associate Frederick Schemel on tax matters; partner Matthew Morreale on environmental matters; and associate Keanna N. Joseph on executive compensation and benefits matters.