INEOS Finance’s Senior Bank Facility and Senior Debt Offering

Cravath represented INEOS Finance plc in connection with its US$2.375 billion and €500 million term loans and US$775 million 144A/Reg. S high-yield senior secured debt offering, guaranteed by INEOS Group Holdings S.A., INEOS Luxembourg S.A., INEOS Holdings Limited and certain of their subsidiaries. INEOS is one of the world’s largest chemical companies and has highly integrated, world-class chemical facilities and production technologies. The notes were listed on the Luxembourg Stock Exchange. The transactions closed on May 4, 2012 and April 26, 2012, respectively.

The Cravath team included partners William P. Rogers, James C. Vardell III and Alyssa K. Caples and associates Robert J. Stein, Delceta B. Taylor and Margaret R. Markman on corporate matters and partner Michael L. Schler on tax matters.