Cravath represented the underwriters, led by Wells Fargo Securities and HSBC, in connection with the $300 million registered senior notes offering of AXIS Specialty Finance LLC, an indirect wholly owned subsidiary of AXIS Capital Holdings Limited, a provider of a broad range of specialty reinsurance. The transaction closed on June 12, 2019.
The Cravath team included partners Andrew J. Pitts and D. Scott Bennett and associates Yannick Adler and Charles A. Dobb. Summer associate Ddang (Paul) Kim also worked on this matter.