Cravath represented the initial purchasers, led by J.P. Morgan Securities, in connection with the US$200 million high-yield offering of J.B. Poindexter & Co., Inc.’s 9.0% senior notes due 2022. The transaction closed on April 2, 2012. Cravath also represented J.P. Morgan Securities as dealer manager for the company’s concurrent debt tender offer. J.B. Poindexter & Co. is a privately held diversified manufacturing company.
The Cravath team included partner William V. Fogg.