JPMorgan Chase’s $13 Billion Bond Offering, Largest Bank Bond Offering Ever
April 19, 2021
Cravath is representing the underwriters in connection with the pending $13 billion registered floating rate notes and fixed‑to‑floating rate notes offerings of JPMorgan Chase & Co., a leading global financial services firm. The transaction is expected to close on April 22, 2021. According to Bloomberg, the transaction is the largest bond sale ever by a bank.
The Cravath team includes partners William V. Fogg and Michael E. Mariani and associates Zoe E. Egelman and Caroline B. Bowman.
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
Related News & Insights
Deals & Cases
October 27, 2025
Cleveland‑Cliffs Inc.’s High‑Yield Senior Guaranteed Notes Offering
Cravath represented the initial purchaser in connection with the $275 million 144A/Reg. S high‑yield senior guaranteed notes offering of Cleveland‑Cliffs Inc., a leading North America‑based steel producer. The transaction closed on October 10, 2025.
Deals & Cases
October 15, 2025
Royal Caribbean Cruises Ltd.’s $1.5 Billion Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $1.5 billion registered senior notes offering of Royal Caribbean Cruises Ltd., a global cruise company. The transaction closed on October 1, 2025.
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.
