Cravath represented the borrower, Qualcomm Incorporated, in connection with its $4 billion five‑year senior unsecured revolving credit facility made available by Bank of America, as agent, to be used for working capital, capital expenditures and other general corporate purposes. Qualcomm is a world leader in 3G, 4G and next‑generation wireless technologies. The transaction closed on February 18, 2015.
The Cravath team included partner George E. Zobitz and associate Katherine M. Stork on banking matters; partner J. Leonard Teti II and associate Ashley N. Elnicki on tax matters; partner Matthew Morreale on environmental matters; and associate Julia L. Onorato on executive compensation and benefits matters. Tara L. Rhoades also worked on tax matters.
Source: www.cravath.com
