Debevoise & Plimpton LLP has advised American Greetings Corporation, a portfolio company of Elliott Capital Management, in connection with the approximately $1.1 billion refinancing of its existing credit facilities, which included an offering of $450 million of senior secured notes due 2032, a new $400 million Term Loan B facility and a new $250 million revolving facility.
The Debevoise team was led by finance partner Ryan Rafferty and capital markets partner Steven Slutzky and included finance associates Matthew Kuhlik, Matthew Sacco and Kayla Staley, capital markets associates Alexander Bracco, Monica Fainshtein, Chris Gallucci and John Jacob and law clerk James Sullivan, tax partner Rafael Kariyev, counsel Douglas Hirn and associates Olivia Daniels and John Nelson and environmental counsel Stuart Hammer.