Cravath’s London Office Moves to 100 Cheapside
Cravath represented Prosus N.V. in connection with its $1.25 billion 144A/Reg. S senior notes offering under its $6 billion global medium‑term note program. Prosus N.V. is a global consumer internet group and is a publicly listed subsidiary of Naspers Limited. Prosus N.V. was formerly known as Myriad International Holdings B.V. The transaction closed on January 21, 2020.
The Cravath team included partner David Mercado and associates Yannick Adler and Ariadne E. Lyon on securities matters, and partner Christopher K. Fargo and associate Andrew T. Davis on tax matters. Duncan H. Hardell also worked on tax matters.
Deals & Cases
December 24, 2025
Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S high‑yield senior notes offering of Acushnet Company, a wholly‑owned subsidiary of Acushnet Holdings Corp., a global leader in the design, development, manufacture and distribution of performance‑driven golf products. The transaction closed on November 24, 2025.
Deals & Cases
December 17, 2025
Cravath represented the underwriters in connection with the $800 million registered senior notes offering of Smurfit Westrock Financing DAC and the €500 million registered senior notes offering of Smurfit Kappa Treasury Unlimited Company, each a wholly owned subsidiary of Smurfit Westrock plc, one of the world's largest integrated manufacturers of paper‑based packaging products. The notes are expected to be listed on Euronext Dublin. The transactions closed on November 21, 2025, and November 24, 2025, respectively.
Deals & Cases
December 16, 2025
Cravath represented Graham Holdings Company in connection with its $500 million 144A/Reg. S senior notes offering. Graham Holdings Company is a diversified holding company whose operations include educational services, television broadcasting, manufacturing, healthcare, automotive dealerships and other businesses. The transaction closed on November 24, 2025.
Deals & Cases
December 15, 2025
Cravath represented Enerflex Inc. in connection with its $400 million 144A/Reg. S high‑yield senior notes offering. Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, deploying natural gas, low‑carbon and treated water solutions – from individual, modularized products and services to integrated custom solutions. The transaction closed on December 11, 2025.
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