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News & Insights

Markel Corporation’s Registered Offering of a Series A Fixed‑Rate Reset Non‑Cumulative Preferred Stock Shares

June 11, 2020

Cravath represented the underwriters, led by Wells Fargo Securities, Citigroup and J.P. Morgan Securities, in connection with the $600 million registered offering of series A fixed‑rate reset non‑cumulative preferred stock shares of Markel Corporation. Markel Corporation markets and underwrites specialty insurance products in the United States and internationally. The transaction closed on May 27, 2020.

The Cravath team included partners Andrew J. Pitts and D. Scott Bennett and associates Fay E. Krewer and James I. Kim on capital markets matters. Brittany A. Milano worked on tax matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax
  • Financial Services and Insurance

People

Photo
Name
Andrew J. Pitts
Title
Corporate
Title
Partner
Email
apitts@cravath.com
Phone
+1-212-474-1620
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    Education

    • M.B.A., 1995, Boston University
      with High Honors
    • J.D., 1994, Boston University School of Law
      summa cum laude
    • B.A., 1988, Trinity College

    Admitted In

    • New York
    Photo
    Name
    D. Scott Bennett
    Title
    Corporate
    Title
    Partner
    Email
    sbennett@cravath.com
    Phone
    +1-212-474-1132
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      Education

      • J.D., 2006, Emory University School of Law
      • B.A., 2002, Duke University

      Admitted In

      • New York

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