Although it has gained most market recognition for its leveraged finance offering, the new UK-law loans team at Cravath, Swaine & Moore LLP, which was founded in March 2023, also handles some broader syndicated lending/global loans work for a lender-focused client base. Here, the team, which is led by the 'highly technical and commercial' Korey Fevzi, is able to draw from the same deep knowledge of US and UK law governed debt products to provide 'tailor-made advice' on both new money and refinancing transactions. Philip Stopford is also recommended and is noted for his 'very thoughtful and professional' advice.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The advice is high quality and the process very well thought through to ensure client understanding and successful outcomes.'
- 'They provide tailor-made advice and share best practices (i) across both sides of Atlantic and (ii) financing products.'
- 'Philip Stopford is very thoughtful and professional.'
- 'Korey Fevzi has a deep understanding of the market which means he provides well-informed, commercial advice which he combines with his highly technical abilities.'
Key clients
- Investcorp
- Marlin Equity Partners
- Francisco Partners
- Altamir
- Various financial institutions
Work highlights
- Represented the administrative agent, arranger and lender in connection with the £375m investment-grade term loan facility made available to Mars to finance the public-to-private acquisition of Hotel Chocolat.
- Represented the agent in the $9.8bn amend and extend refinancing and deleveraging transaction for Euro Garages Group, which involved the amendment and extension to one of the largest European syndicated financings.
- Represented the lead arrangers in connection with a €240m additional syndicated term loan B facility made available to Aggreko.
Practice head
The lawyer(s) leading their teams.
Korey Fevzi