Four Decades for Justice
Cravath represented the initial purchasers, led by Citigroup and BofA Securities, in connection with the $1.2 billion 144A/Reg. S high‑yield senior notes offering of Level 3 Financing, Inc., guaranteed by Level 3 Parent, LLC. Level 3 Financing, Inc., a subsidiary of CenturyLink, Inc., is an international facilities‑based communications company engaged primarily in providing an integrated array of services to customers. The transaction closed on June 15, 2020.
The Cravath team included partners Andrew J. Pitts and Joseph D. Zavaglia and associates Nicholas J. Maida, James I. Kim and Samyel Lee on capital markets matters, and associates Joyce Y. Kim and Kyle R. Jorstad on tax matters.
Deals & Cases
December 16, 2019
Cravath represented the initial purchasers, led by BofA Securities, Citigroup, Barclays, Goldman Sachs & Co. LLC, J.P. Morgan Securities, Morgan Stanley, RBC Capital Markets and Wells Fargo Securities, in connection with the $1.5 billion 144A/Reg. S senior secured notes offering of Level 3 Financing, Inc., guaranteed by Level 3 Parent, LLC, an international facilities‑based communications company. The transaction closed on November 29, 2019.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2024 Cravath, Swaine & Moore LLP.