Cravath Publishes Winter 2026 Issue of Alumni Journal
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 partner 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.
Deals & Cases
April 28, 2026
Cravath represented the initial purchasers in connection with the $3 billion 144A/Reg. S notes offering of ERAC USA Finance LLC, guaranteed by Enterprise Holdings, Inc., a leading global mobility solutions provider operating under the Enterprise Mobility corporate brand. The transaction closed on April 14, 2026.
Deals & Cases
March 26, 2026
Cravath represented the initial purchasers in connection with the $700 million 144A/Reg. S high‑yield senior notes offering of The Chemours Company a leading, global provider of performance chemicals. The transaction closed on March 12, 2026.
Deals & Cases
March 11, 2026
Cravath represented the underwriters in connection with the $600 million registered senior notes offering of Concentrix Corporation, a leading global provider of customer experience solutions and technology. The transaction closed on February 24, 2026.
Deals & Cases
March 04, 2026
Cravath represented the underwriters in connection with the $500 million registered senior notes offering of Loews Corporation, a holding company. The transaction closed on February 18, 2026.
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