nVent Finance’s Senior Notes Offering

Cravath represented the initial purchasers, led by Bank of America Merrill Lynch, Citigroup, Goldman Sachs & Co. LLC, J.P. Morgan Securities, Mitsubishi UFJ Financial Group and US Bancorp, in connection with the $800 million 144A/Reg. S senior notes offering of nVent Finance S.à r.l., a finance subsidiary of nVent Electric plc. nVent Electric plc is being separated from Pentair plc to create a new independent company that will be a leading global provider of electrical connection and protection solutions. The transaction closed on March 26, 2018.

The Cravath team included partner Andrew J. Pitts and associate Hugh H. Manahan on securities matters; partner Christopher K. Fargo and associates Tara L. Rhoades and Leon B. Dalezman on tax matters; and partner Matthew Morreale on environmental matters. Ashley R. Gust also worked on securities matters.