AI-washing – when AI hype becomes a litigation risk
The Facility consists of a US$1.38 billion three-year committed tranche and a US$920 million one-year uncommitted tranche. Additionally, the Facility has a US$900 million accordion feature.
Freepoint is a global merchant of physical commodities, providing customers with physical supply and logistics chain management and services, along with environmentally friendly products and solutions.
More information on this transaction can be found here.
The Hogan Lovells deal team was led by partners Marvin Goldstein (IERP, New York), Christopher Doyle (M&A, New York), and Steven Schneider (Tax, Pensions & Benefits, Washington, D.C.), counsel Richard Fried (Capital Markets, New York), senior associate Lauren Kimmel (Capital Markets, New York), and law clerk Ana Laura Pereira Pongeluppi (Capital Markets, New York).