Silverman Handles $300M Credit Facility for Alleghany Corporation

Olshan client Alleghany Corporation disclosed in its Form 8-K filing with the Securities and Exchange Commission that on July 31, 2017 it entered into a five-year credit agreement with the lenders party thereto and U.S. Bank National Association, as administrative agent for the lenders. The credit agreement provides for an unsecured revolving credit facility in an aggregate principal amount of up to $300 million. Corporate partners Kenneth Silverman and Jason Saltsberg handled this financing for Alleghany Corporation.