Element Fleet Management Corp.’s Senior Notes Offering

Cravath represented Element Fleet Management Corp. in connection with its $750 million 144A/Reg. S senior notes offering. Element Fleet Management Corp. is the largest publicly traded pure‑play automotive fleet manager in the world. The transaction closed on December 4, 2023.

The Cravath team included partners Joseph D. Zavaglia and Douglas Dolan and associates Connor F. O’Neill and Ori Oren on capital markets matters, and partner Andrew T. Davis on tax matters. Joseph N. Kadoch also worked on capital markets matters and Eduardo D. Jacobo-Arill worked on tax matters.