MPLX LP’s Registered Common Unit Offering
December 08, 2014
Cravath represented the underwriters, led by BofA Merrill Lynch, J.P. Morgan Securities, UBS Investment Bank, Wells Fargo Securities, Barclays, Citigroup and Morgan Stanley, in connection with the US$230 million registered offering of common units of MPLX LP, a master limited partnership formed by Marathon Petroleum Corporation. MPLX LP owns, operates, develops and acquires pipelines and other midstream assets related to the transportation and storage of crude oil, refined products and other hydrocarbon‑based products. The units were listed on the New York Stock Exchange. The transaction closed on December 8, 2014.
The Cravath team included partners D. Scott Bennett and Andrew J. Pitts and associates Michael K. Hyun and Melody Koh on corporate matters; partner Michael L. Schler and associate Sara L. Lykken on tax matters; and partner Matthew Morreale on environmental matters. Bethany A. Pfalzgraf also worked on corporate matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 2006, Emory University School of Law
-
B.A., 2002, Duke University
- New York
Education
Admitted In
- Photo
-
-
M.B.A., 1995, Boston Universitywith High Honors
-
J.D., 1994, Boston University School of Lawsumma cum laude
-
B.A., 1988, Trinity College
- New York
Education
Admitted In
- Photo
-
-
J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.S., 1994, University of Pennsylvania
-
B.A., 1990, University of Pennsylvania
-
B.A.S., 1990, University of Pennsylvania
- New York
Education
Admitted In
- Photo
-
-
LL.M., 1979, New York University
-
J.D., 1973, Yale Law School
-
B.A., 1970, Harvard Universitymagna cum laude
Education
Related News & Insights
Deals & Cases
June 30, 2025
Compass Minerals International, Inc.’s High‑Yield Senior Notes Offering
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
Fidelis Insurance Holdings Limited’s Fixed‑Rate Reset Subordinated Notes Offering
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.
Deals & Cases
June 23, 2025
Toll Brothers’ Registered Senior Notes Offering
Cravath represented Toll Brothers Finance Corp. in connection with its $500 million registered senior notes offering, fully guaranteed by Toll Brothers, Inc. and certain of its subsidiaries. Toll Brothers Finance Corp. is an indirect wholly owned subsidiary of Toll Brothers, Inc., which designs, builds, markets, sells and arranges financing for an array of luxury residential homes and communities. The transaction closed on June 10, 2025.
Deals & Cases
June 17, 2025
Galaxy Digital Inc.’s First SEC‑Registered Underwritten Offering of Class A Common Stock
Cravath represented the underwriters in connection with the $683.6 million registered underwritten offering of Class A common stock of Galaxy Digital Inc., a global leader in digital assets and artificial intelligence infrastructure, delivering enduring solutions that accelerate the future digital economy. This was Galaxy Digital Inc.’s first underwritten public offering of its Class A common stock as a listed company on the Nasdaq Global Select Market. The transaction closed on June 3, 2025.
