Cravath’s London Office Moves to 100 Cheapside
July 10, 2014
Cravath represented the initial purchasers, led by J.P. Morgan Securities, Citigroup, Goldman, Sachs & Co. and Morgan Stanley, in connection with the US$1.25 billion 144A/Reg. S high‑yield senior debt offering of RJS Power Holdings LLC, an independent power producer operating in the United States that sells electric energy, generating capacity and ancillary services on a wholesale basis. Cravath also represented J.P. Morgan Securities as sole lead arranger of the US$150 million senior secured revolving credit facility for RJS Power Holdings LLC. The transactions closed on July 10, 2014.
The Cravath team included associates Katerina M. Novak, Laura E. Hansell and David J. Kohtz on securities matters; partner George E. Zobitz, senior attorney Christopher J. Kelly and associate Michael L. Arnold on banking matters; partner Christopher K. Fargo and associate William B. Abbot on tax matters; partner Eric W. Hilfers and associate Amy C. Benford on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters. Summer associates Devon Klein and Noah X. DeBlasi also worked on securities and banking matters, respectively.
Deals & Cases
September 25, 2025
Cravath represented the underwriters in connection with the $350 million fixed rate reset subordinated notes offering of Webster Financial Corporation, a bank holding company of Webster Bank, a commercial bank with a national bank charter focused on providing financial products and services to businesses, individuals and families. The transaction closed on September 11, 2025.
Deals & Cases
September 02, 2025
Cravath represented the initial purchasers in connection with the $2 billion 144A/Reg. S high-yield first lien notes offering of Level 3 Financing, Inc., guaranteed by Level 3 Parent, LLC. Level 3 Financing, Inc. is a direct wholly‑owned subsidiary of Level 3 Parent, LLC and indirect wholly‑owned subsidiary of Lumen Technologies, Inc., a facilities‑based technology and communications company that provides a broad array of integrated products and services. The transaction closed on August 18, 2025.
Deals & Cases
June 30, 2025
Cravath represented the initial purchasers in connection with the $650 million 144A/Reg. S high‑yield senior notes offering of Compass Minerals International, Inc., a leading provider of essential minerals. The transaction closed on June 16, 2025.
Deals & Cases
June 27, 2025
Cravath represented the underwriters in connection with the $400 million fixed‑rate reset subordinated notes offering of Fidelis Insurance Holdings Limited, a global specialty insurer that leverages strategic partnerships to offer innovative and tailored insurance solutions. The transaction closed on June 13, 2025.
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