LSB Industries Inc.’s High‑Yield Senior Secured Debt Offering

Cravath represented the initial purchasers, led by Wells Fargo Securities, BofA Merrill Lynch and J.P. Morgan Securities, in connection with the US$425 million 144A/Reg. S high‑yield senior secured debt offering of LSB Industries, Inc., a diversified industrial company involved in the manufacturing and marketing of products related to chemical and climate control. The transaction closed on August 7, 2013.

The Cravath team included partners William V. Fogg and George E. Zobitz, senior attorney Daniel A. O’Shea and associates Amanda R. Fenster, Gillian L. Warmflash and Brent R. Tomlinson.