UTA Acquisition Corporation’s Initial Public Offering of Units

Cravath represented AngloGold Ashanti Holdings plc in connection with its $750 million registered notes offering, guaranteed by AngloGold Ashanti Limited, one of the biggest gold producers in the world, and its tender offer for, and subsequent redemption of, its $750 million notes due 2022. The new notes offering closed on October 22, 2021 and the liability management exercise was completed on November 26, 2021.

Cravath represented the underwriters in connection with the $1.5 billion registered offering of depositary shares representing preferred stock of The PNC Financial Services Group, Inc., one of the largest diversified financial services companies in the United States. The transaction closed on September 13, 2021.

Cravath represented the underwriters in connection with the $300 million registered senior notes offering of nVent Finance S.à r.l., a wholly owned subsidiary of nVent Electric plc, a leading global provider of electrical connection and protection solutions. The transaction closed on November 23, 2021.

Cravath represented the initial purchasers in connection with the £500 million 144A/Reg. S high‑yield senior secured notes offering of Bellis Acquisition Company plc, an entity indirectly beneficially owned by TDR Capital and Mohsin Issa CBE and Zuber Vali Issa CBE. ASDA, a subsidiary of Bellis Acquisition Company plc, is the third‑largest grocery retailer in the United Kingdom and the second‑largest grocery retailer in the North of England, Scotland and Wales. The notes are expected to be listed on The International Stock Exchange. The transaction closed on November 5, 2021.