03/20/2026 | Press release | Distributed by Public on 03/20/2026 13:39
Cravath represented the administrative agents, joint lead arrangers and joint bookrunners in connection with $2.25 billion of credit facilities made available to The Clorox Company as part of the financing transactions undertaken in connection with its pending acquisition of GOJO Industries, Inc., a leader of skin health and hygiene solutions. The Clorox Company is a leading multinational manufacturer and marketer of consumer and professional products. The credit facilities consisted of a $1.25 billion term loan facility and a $1 billion revolving credit facility. The transaction closed on March 6, 2026.
The Cravath team included partner Tatiana Lapushchik and associate Danielle A. Solaru on banking matters; partner Kelly M. Smercina on capital markets matters; partner Arvind Ravichandran on tax matters; of counsel Annmarie M. Terraciano on environmental matters; and associate H. Bianca Hsing on executive compensation and benefits matters. Elizabeth Jin also worked on banking matters and Andrew Stone worked on tax matters.