Ropes & Gray advised Keurig Green Mountain, Inc. in obtaining a credit agreement with a syndicate of lenders led by Bank of America, which provides Keurig with a $1.8 billion unsecured revolving credit facility. The facility consists of a $1.3 billion U.S. revolving credit facility, under which Keurig may borrow in U.S. Dollars, and a $500 million alternative currency facility under which Keurig and Keurig Trading Sarl, a wholly-owned subsidiary of Keurig, may borrow in U.S. Dollars, Canadian Dollars, Euros, Pounds Sterling, Yen, Swiss Francs or other currencies, subject to customary conditions and approvals. Borrowings under the new credit facility will mature on June 29, 2020.
The Ropes & Gray team was led by tax partner Aaron Harsh.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find our more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.