Cravath’s London Office Moves to 100 Cheapside
June 07, 2022
Cravath represented the initial purchasers in connection with the €850 million 144A/Reg. S high‑yield senior secured notes offering (in a combination of fixed rate notes and floating rate notes) of Loarre Investments S.à r.l. Loarre Investments S.à r.l. is a portfolio company of CVC Funds and has entered into a strategic partnership with Liga Nacional de Fútbol Profesional (“LaLiga”) to invest a total of approximately €2 billion in exchange for an interest in LaLiga’s media and TV rights, as well as in certain other LaLiga activities. The investment aims to promote the long‑term development of men’s professional football in Spain. The notes are expected to be listed on The International Stock Exchange. The transaction closed on May 20, 2022.
The Cravath team included partner Philip J. Boeckman, European counsel Margaret R. M. Rallings and associates Brian T. Bodensteiner, Maurice Temming and César Albiñana on capital markets matters, and partner Andrew T. Davis and associate Kyle R. Jorstad on tax matters. Jamie H. Lee also worked on tax matters.
Deals & Cases
September 25, 2025
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
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
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
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.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.