Arconic Corporation’s High‑Yield Senior Secured Second‑Lien Notes Offering

Cravath represented the initial purchasers in connection with the $300 million 144A/Reg. S high‑yield senior secured second-lien notes offering of Arconic Corporation, an aluminum manufacturer focused on rolled products, extrusions and architectural products and systems. The transaction closed on March 3, 2021.

The Cravath team included partner Andrew J. Pitts and associates Maurio A. Fiore, Emily C. Weiss and James I. Kim on capital markets matters, and associate Carlos Nicholas Obando on tax matters. Nicholas B. Singer also worked on capital markets matters and Sonia Katharani‑Khan also worked on tax matters.