CMC’s High‑Yield Senior Debt Offering

Cravath represented the initial purchasers, led by BNP Paribas and UniCredit Bank, in connection with the €300 million 144A/Reg. S high‑yield senior debt offering of Cooperativa Muratori & Cementisti C.M.C. Di Ravenna Società Cooperativa (CMC), a leading international construction group specializing in complex infrastructure projects in Italy and globally. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on July 18, 2014.

The Cravath team included partner Philip J. Boeckman and associates Stephanie R. Gallina, Peter J. Atlee and Giacomo Reali. Summer associate Samir R. Bakhru also worked on this matter.