Element Fleet Management Corp.’s Senior Notes Offering

Cravath represented Element Fleet Management Corp. in connection with its $500 million 144A/Reg. S senior notes offering. Element Fleet Management Corp. is the largest publicly traded pure‑play automotive fleet manager in the world. The transaction closed on May 29, 2026.

The Cravath team included partners Joseph D. Zavaglia and Douglas Dolan and associates Jaclyn A. S. Dietz and Christine E. Scott on capital markets matters; partner Arvind Ravichandran on tax matters; and associate Scarlett A. Neely on executive compensation and benefits matters. Andrew Stone also worked on tax matters.