Express Scripts’s $1.4 Billion Registered Fixed and Floating Rate Senior Notes Offering

Cravath represented the underwriters, led by Bank of America Merrill Lynch, Citigroup and Mizuho Securities, in connection with the $1.4 billion registered fixed and floating rate senior notes offering of Express Scripts Holding Company, a leading pharmacy benefit management company. Proceeds of the offering will be partially used to finance the acquisition of eviCore healthcare by Express Scripts, Oz Parent, Inc. and certain of their subsidiaries. The transaction closed on November 30, 2017.

The Cravath team included partner Bill Whelan and associate Phillip E. Cushing on securities matters, and associate Lingfeng Li on tax matters. Jiyeon K. Barta also worked on securities matters and Rory M. Minnis worked on tax matters.