Four Decades for Justice
Cravath represented the initial purchasers, led by BofA Securities, Fifth Third Securities, Goldman Sachs & Co. LLC, Morgan Stanley, Scotiabank, US Bancorp and Citigroup, in connection with the $400 million 144A/Reg. S high‑yield senior notes offering of Valvoline Inc., a worldwide marketer and supplier of engine and automotive maintenance products and services. The transaction closed on May 22, 2020.
The Cravath team included partner Craig F. Arcella and associate Aashim Usgaonkar on capital markets matters, and partner Christopher K. Fargo and associate Peter W. Rogers on tax matters. Bethany E. Clarke also worked on capital markets matters.
Deals & Cases
August 01, 2022
On August 1, 2022, Valvoline Inc., a global leader in vehicle care, announced it has reached a definitive agreement with Aramco for the sale of Valvoline’s Global Products business to Aramco for $2.65 billion in cash. Cravath is representing Valvoline in connection with the transaction.
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.