Cravath’s London Office Moves to 100 Cheapside
February 20, 2015
Cravath represented Picard Groupe S.A.S. and Picard Bondco S.A. in connection with their €770 million 144A/Reg. S high‑yield senior secured and senior debt offering. Picard Groupe S.A.S. and Picard Bondco S.A. are holding companies of Picard Surgelés, a leading retailer of frozen food products in France, and a portfolio company of private equity sponsor Lion Capital LLP. The notes are expected to be listed on the Irish Stock Exchange. The transaction closed on February 20, 2015.
The Cravath team included partner Alyssa K. Caples and associates Margaret R. Markman and Melissa Erdogdu on corporate matters and partner Christopher K. Fargo and associate Debra M. Aboodi on tax matters.
Deals & Cases
June 13, 2025
Cravath represented the initial purchasers in connection with the $1.4 billion and €850 million Rule 144A/Reg. S high yield senior secured notes offering of Albion Financing 1 S.à r.l and Aggreko Holdings Inc., subsidiaries of Albion Holdco Limited (“Aggreko”), for the purpose of repaying all of Aggreko’s outstanding senior secured notes and senior notes, paying a dividend and repaying certain preference shares. The offering closed on May 21, 2025.
Deals & Cases
June 13, 2025
Cravath represented TenneT Holding B.V., as U.S. counsel, in connection with its consent solicitation for €16.2 billion senior EMTN notes. TenneT Holding B.V. is the top holding company of the TenneT Group, a leading European grid operator and transmission system operator for the Netherlands and a large part of Germany. The transaction expired on May 13, 2025.
Deals & Cases
June 12, 2025
Cravath represented Northrop Grumman Corporation in connection with its $1 billion registered senior notes offering. Northrop Grumman Corporation is a leading global aerospace and defense technology company. The transaction closed on May 29, 2025.
Deals & Cases
June 02, 2025
Cravath represented the initial purchasers in connection with the $350 million 144A/Reg. S fixed‑rate reset senior notes offering of Ascot Group Limited, a global insurance and reinsurance organization offering a broad range of specialty insurance and reinsurance products to customers worldwide through underwriting platforms in the U.K., Bermuda and the U.S. The transaction closed on May 16, 2025.
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