Cravath represented the initial purchasers, led by Credit Suisse and Deutsche Bank, in connection with the €250 million 144A/Reg. S high-yield senior secured debt offering of Smurfit Kappa Acquisitions, a wholly owned subsidiary of Smurfit Kappa Group plc, one of the world’s largest integrated paper and paperboard manufacturers and converters, with operations in Europe and Latin America. The transaction closed on September 21, 2012.
The Cravath team included partner Philip J. Boeckman and associates David K. Stott, Wenying Zhang and foreign associate Michela D’Avino.