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Reynolds Group's High-Yield Senior Debt Offering

Cravath represented the initial purchasers, Credit Suisse and HSBC, in connection with the US$2.5 billion 144A/Reg. S high-yield senior secured and senior unsecured debt offering of Reynolds Group Issuer LLC, Reynolds Group Issuer Inc. and Reynolds Group Issuer (Luxembourg) S.A. Reynolds Group Holdings Limited is a leading global manufacturer and supplier of consumer food, beverage and foodservice packaging products. The transaction closed on August 9, 2011.

The Cravath team included partner Kris F. Heinzelman and associates Joseph D. Zavaglia and Benjamin G. Joseloff.