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MPLX LP's $2 Billion Registered Senior Floating Rate Notes Offering

Cravath represented the underwriters, led by Citigroup, Barclays, RBC Capital Markets, BNP PARIBAS, Goldman Sachs & Co. LLC and Scotiabank, in connection with the $2 billion registered senior floating rate notes offering of MPLX LP, a master limited partnership formed by Marathon Petroleum Corporation. MPLX LP owns, operates, develops and acquires midstream energy infrastructure assets. The transaction closed on September 9, 2019.

The Cravath team included partners D. Scott Bennett and Andrew J. Pitts and associates Julia H. Rhieu and James I. Kim.