Cravath Publishes Summer 2026 Issue of Alumni Journal
Cravath represented the sales agents, J.P. Morgan Securities and HSBC, in connection with the establishment of a secondary at‑the‑market program with respect to shares of common stock of Freeport‑McMoRan Inc. having an aggregate value of up to US$540 million. Freeport‑McMoRan is a premier U.S.‑based natural resources company with an industry‑leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. The shares were listed on the New York Stock Exchange. The program was established on May 16, 2016.
The Cravath team included partner William V. Fogg and associates Benjamin S. Persina and Tamara S. Smallman on securities matters and partner Christopher K. Fargo on tax matters. Alan Campbell also worked on securities matters and Lingfeng Li also worked on tax matters.
Deals & Cases
November 05, 2026
Cravath represented Star Bulk Carriers Corp., as U.S. counsel, in connection with the at‑the‑market offerings of common shares totaling up to $116 million. Star Bulk Carriers Corp. is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. The transaction closed on October 9, 2026.
Deals & Cases
October 28, 2026
Cravath represented the initial purchasers in connection with the $3 billion 144A/Reg. S high‑yield senior secured notes offering of TransDigm Inc., a subsidiary of TransDigm Group Incorporated, a leading global designer, producer and supplier of highly engineered aircraft components. Cravath also represented the dealer manager in TransDigm Inc.'s concurrent $2.1 billion cash tender offer. The transaction closed on September 28, 2026.
Deals & Cases
October 13, 2026
Cravath represented the underwriters in connection with the $800 million registered senior notes offering of Hoffman Schroff Holdings, Inc., an indirect wholly owned subsidiary of nVent Electric plc (“nVent”), a leading global provider of electrical connection and protection solutions. Net proceeds of the offering were used to finance nVent’s acquisition of Maverick Power, LLC. The transaction closed on September 29, 2026.
Deals & Cases
October 12, 2026
Cravath represented the underwriters in connection with the registered $1 billion senior notes offering of Kyndryl Holdings, Inc., a leading technology services company and the largest IT infrastructure services provider in the world. The transaction closed on September 28, 2026.
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