Cravath represented Crown Castle International Corp. in connection with its US$1 billion registered offering of common stock, from which proceeds will be used to finance the company’s pending acquisition of FPL FiberNet Holdings, LLC. The transaction closed on November 7, 2016.
The Cravath team included partners Stephen L. Burns and Johnny G. Skumpija and associates Benjamin S. Persina and Erim E. Tuc. Zachary J. Savrick also worked on this matter.
Please click here to read the Firm’s previous news item related to its representation of Crown Castle in connection with its agreement to acquire FPL FiberNet Holdings, LLC and certain other subsidiaries of NextEra Energy, Inc., collectively known as FiberNet, for approximately $1.5 billion in cash, which was announced on November 1, 2016.