NCR Corporation’s $1.1 Billion High‑Yield Senior Notes Offering

Cravath represented the initial purchasers, led by BofA Securities, Wells Fargo Securities, Capital One Securities, Fifth Third Securities, J.P. Morgan Securities, MUFG, PNC Capital Markets LLC, RBC Capital Markets and Truist Securities, in connection with the $1.1 billion 144A/Reg. S high‑yield senior notes offering of NCR Corporation, a leading global technology company. The transaction closed on August 20, 2020.

The Cravath team included partner Michael E. Mariani and associates Melanie R. Cook, Leticia M. Quezada and Alexandra J. Valicenti on capital markets matters, and partner Christopher K. Fargo and associate Cecily Xi on tax matters.