Four Decades for Justice
Cravath represented the underwriters, led by PNC Capital Markets LLC and RBC Capital Markets, in connection with the $1.1 billion registered senior notes offering of Essential Utilities, Inc., a holding company for regulated utilities providing water, wastewater and natural gas distribution services to an estimated five million people. Essential Utilities, Inc. was formerly known as Aqua America, Inc. The transaction closed on April 15, 2020.
The Cravath team included partner Stephen L. Burns and associates Ryan J. Patrone, Madeleine S. Shiff and Peter Y. Shin on securities matters, associates Andrew T. Davis and Rory M. Minnis on tax matters, and associate Dixing Tang on executive compensation and benefits matters.
Deals & Cases
February 08, 2024
Cravath represented the underwriters in connection with the $2.5 billion registered fixed rate/floating rate senior notes offering of The PNC Financial Services Group, Inc., one of the largest diversified financial services companies in the United States. The transaction closed on January 22, 2024.
Deals & Cases
August 18, 2023
Cravath represented the underwriters in connection with the $750 million registered fixed rate/floating rate senior notes offering of The PNC Financial Services Group, Inc., one of the largest diversified financial services companies in the United States. The transaction closed on August 18, 2023.
Deals & Cases
June 26, 2023
Cravath represented the underwriters in connection with the $3.5 billion registered fixed rate/floating rate senior notes offering of The PNC Financial Services Group, Inc., one of the largest diversified financial services companies in the United States. The transaction closed on June 12, 2023.
Deals & Cases
September 13, 2022
Cravath represented the underwriters in connection with the $1.25 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 August 19, 2022.
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