Cravath’s New York Office Moves to Two Manhattan West
Cravath represented the underwriters in connection with the $500 million senior notes offering of Essential Utilities, Inc., a holding company for regulated utilities providing water, wastewater and natural gas distribution services to an estimated five million people in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Kentucky, West Virginia, Indiana and Virginia. Essential Utilities, Inc. was formerly known as Aqua America, Inc. The transaction closed on August 15, 2024.
The Cravath team included partners Stephen L. Burns and Ryan J. Patrone, of counsel Janice T. P. Martindale and associate Katie DelGhingaro on capital markets matters; partner Arvind Ravichandran and associate William Swisher on tax matters; senior attorney Annmarie M. Terraciano on environmental matters; and associate Celine Li on executive compensation and benefits matters. Jeryne Indira Fish also worked on capital markets matters.
Deals & Cases
December 13, 2024
Cravath represented the initial purchasers in connection with the $600 million 144A/Reg. S high‑yield senior notes offering of The Chemours Company, a leading, global provider of performance chemicals. The transaction closed on November 27, 2024.
Deals & Cases
October 30, 2024
Cravath represented the initial purchasers in connection with the €850 million and $1.1 billion 144A/Reg. S high‑yield senior secured notes offering of Belron UK Finance plc. Belron UK Finance plc is an indirect wholly‑owned subsidiary of Belron Group SCA, a leading global player in vehicle glass repair, replacement and recalibration. The transaction closed on October 16, 2024.
Deals & Cases
October 25, 2024
Cravath represented American National Group Inc. in connection with its $600 million registered senior notes offering. American National Group Inc. is a leading insurance company that offers a broad portfolio of insurance products, including annuities, pension risk transfer, individual and group life insurance and property and casualty insurance. The transaction closed on October 2, 2024.
Deals & Cases
October 25, 2024
Cravath represented the initial purchasers in connection with the €800 million 144A/Reg. S high‑yield senior secured floating rate notes offering of Sammontana Italia S.p.A., a leading company in the Italian frozen bakery and ice cream markets. Proceeds of the offering will be used to refinance the indebtedness under a bridge facility agreement to fund the acquisition of Forno d’ Asolo S.p.A. by the issuer. The transaction closed on October 11, 2024.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2024 Cravath, Swaine & Moore LLP.