Alumina Pty Ltd and Alcoa Nederland Holding B.V.’s $2.6 Billion High‑Yield Senior Notes Offering
October 07, 2026
Cravath represented the initial purchasers in connection with the $2.6 billion 144A/Reg S. high‑yield senior notes offering of Alumina Pty Ltd and Alcoa Nederland Holding B.V., wholly owned subsidiaries of Alcoa Corporation, a global industry leader in the production of bauxite, alumina and aluminum products. Proceeds of the offering will be used to finance Alcoa Corporation's acquisition of the interests of South32 Limited in bauxite mine, alumina refinery and certain aluminum smelter operations. The transaction closed on September 23, 2026.
The Cravath team included partner Ryan J. Patrone and associates Courtney T. Seager, Nathaniel E. Hatter, Q. Cindy Yuan and Yang Hyun (Yanni) Cho on capital markets matters; partner Arvind Ravichandran and associates Cameron Averill and Jonathan Jiang on tax matters; and of counsel Annmarie M. Terraciano on environmental matters.
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J.D., 2015, New York University School of LawOrder of the Coif; Florence Allen Scholar, magna cum laude
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B.S., 2012, University of Floridasumma cum laude
- New York
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J.D., 2012, Columbia Law School
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B.A., 2009, Columbia College
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Wisconsin - Madison
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B.A., 1989, Wellesley Collegecum laude
- New York
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March 31, 2025
Alumina Pty Limited’s $1 Billion High‑Yield Senior Notes Offering and Alcoa Nederland Holding B.V.’s Concurrent $1 Billion Cash Tender Offers
Cravath represented the initial purchasers in connection with the $1 billion 144A/Reg S. high‑yield senior notes offering of Alumina Pty Ltd, a wholly owned subsidiary of Alcoa Corporation, a global industry leader in the production of bauxite, alumina and aluminum products. Cravath also represented the dealer managers in connection with the concurrent cash tender offers for notes of Alcoa Nederland Holding B.V., a wholly owned subsidiary of Alcoa Corporation, with an aggregate principal amount of up to $1 billion. The transactions closed on March 17, 2025.
