Cravath Publishes Winter 2026 Issue of Alumni Journal
Cravath represented the initial purchasers, led by J.P. Morgan Securities and Stephens Inc., in connection with the US$500 million 144A/Reg. S high‑yield senior debt offering of Murphy Oil USA, Inc., which is being spun off from Murphy Oil Corporation. The transaction closed on August 14, 2013. Upon completion of the spin‑off, Murphy Oil USA, Inc. will be one of the largest independent retailers of gasoline products and convenience merchandise.
The Cravath team included partner William V. Fogg, senior attorney Daniel A. O’Shea and associate Jennifer L. Tanaka. Jared B. Taylor also worked on this matter.
Deals & Cases
June 10, 2026
Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S high‑yield senior notes offering of Murphy Oil USA, Inc., a wholly owned subsidiary of Murphy USA Inc. Murphy USA is an operator of fuel retail stores and gas stations in the United States. The transaction closed on May 27, 2026.
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