Eagle Intermediate Global Holding and Ruyi US Finance’s High‑Yield Senior Secured Notes Offering
May 11, 2018
Cravath represented the initial purchasers, J.P. Morgan Securities and Barclays, in connection with the $690 million and €250 million 144A/Reg. S high‑yield senior secured notes offering of Eagle Intermediate Global Holding B.V. and Ruyi US Finance LLC. Proceeds of the offering will be used to finance the acquisition of Arteva Global Holdings B.V. and A&AT LLC, one of the world’s leading apparel technology companies and owner of a number of well‑known brands, including the LYCRA® brand. Eagle Intermediate Global Holding B.V. is a portfolio company of Shandong Ruyi. The acquisition was backstopped by a senior secured bridge facility commitment also led by J.P. Morgan and Barclays. The offering closed on May 4, 2018.
The Cravath team included partners William V. Fogg and Michael E. Mariani and associates Jeremy S. Lerner, Justin B. Stein and Carys A. Johnson on securities matters; partners J. Leonard Teti II and Christopher K. Fargo and associate Arvind Ravichandran on tax matters; and partner Stephen M. Kessing and associate Stanley I. Onyeador on banking matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 1991, Columbia Law SchoolHarlan Fiske Stone Scholar
-
A.B., 1988, Brown Universitymagna cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 2009, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.B.A., 2009, Columbia University
-
B.A., 2004, Tufts UniversityPhi Beta Kappa, summa cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 2005, University of Virginia School of LawOrder of the Coif
-
A.B., 1999, Princeton Universitywith Honors
- New York
Education
Admitted In
- Photo
-
-
J.D., 2006, Columbia Law SchoolHarlan Fiske Stone; Michael Lynne Scholar
-
B.A., 2003, Boston CollegeHonors Program, cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 2005, Duke Law SchoolOrder of the Coif, magna cum laude
-
M.B.A., 2001, University of Southern California
-
B.S., 1995, Miami University of Ohio
- New York
Education
Admitted In
Related News & Insights
Deals & Cases
September 25, 2025
Webster Financial Corporation’s Fixed Rate Reset Subordinated Notes Offering
Cravath represented the underwriters in connection with the $350 million fixed rate reset subordinated notes offering of Webster Financial Corporation, a bank holding company of Webster Bank, a commercial bank with a national bank charter focused on providing financial products and services to businesses, individuals and families. The transaction closed on September 11, 2025.
Deals & Cases
September 02, 2025
Level 3 Financing, Inc.’s $2 Billion High‑Yield First Lien Notes Offering
Cravath represented the initial purchasers in connection with the $2 billion 144A/Reg. S high-yield first lien notes offering of Level 3 Financing, Inc., guaranteed by Level 3 Parent, LLC. Level 3 Financing, Inc. is a direct wholly‑owned subsidiary of Level 3 Parent, LLC and indirect wholly‑owned subsidiary of Lumen Technologies, Inc., a facilities‑based technology and communications company that provides a broad array of integrated products and services. The transaction closed on August 18, 2025.
Deals & Cases
June 30, 2025
Compass Minerals International, Inc.’s High‑Yield Senior Notes Offering
Cravath represented the initial purchasers in connection with the $650 million 144A/Reg. S high‑yield senior notes offering of Compass Minerals International, Inc., a leading provider of essential minerals. The transaction closed on June 16, 2025.
Deals & Cases
June 27, 2025
Fidelis Insurance Holdings Limited’s Fixed‑Rate Reset Subordinated Notes Offering
Cravath represented the underwriters in connection with the $400 million fixed‑rate reset subordinated notes offering of Fidelis Insurance Holdings Limited, a global specialty insurer that leverages strategic partnerships to offer innovative and tailored insurance solutions. The transaction closed on June 13, 2025.
