White & Case Advises Tenneco on Establishment of US$1.2 Billion Asset-Based Credit Facility
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Global law firm White & Case LLP, alongside lead US counsel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, has advised Tenneco, a portfolio company of Apollo Global Management and leading designer, manufacturer and marketer of automotive products for OEM and aftermarket customers, on the establishment of an asset-based credit facility consisting of aggregate commitments totaling approximately US$1.2 billion.
Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 71,000 team members working at more than 200 sites worldwide. Through its four business groups, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
The White & Case team was led by Debt Finance partner Judah Frogel, and included associates Jessy Van Kooten and Kaija Sandberg (all in New York); partner Sebastian Schrag, associates Irina Sichwardt, Gürkan Akbaba, Marie-Christin Frowerk and international attorney Juliana Leao (all in Frankfurt); partner Hadrien Servais, counsel Willem Van de Wiele and associates Maxim Arrazola de Onate, Scott Goldner and Elisaveta Bajenova (all in Brussels); partner Carlos Martinez, counsel Eric Quiles Gutierrez and associate Diego Hernandez-Sampelayo Lara (all in Mexico City); and partners Shane McDonald and Tom Falkus, and associates Catherine West and Jacob Heath (all in London). Law clerk Viraj Bathe and trainee solicitors Regina Bohon Robles and Miriam Lewis also assisted on the matter.
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