Cravath represented the underwriters, led by Citigroup, J.P. Morgan Securities, Wells Fargo Securities, BofA Securities, MUFG and SunTrust Robinson Humphrey, in connection with the $750 million registered senior notes offering of KLA Corporation, a leading supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The transaction closed on February 28, 2020.
The Cravath team included partners Andrew J. Pitts and D. Scott Bennett and associates Claudia J. Ricciardi and Christopher M. Tierney on securities matters, and foreign associate attorney Ocka A. Stumm on tax matters.