Rossini S.à r.l.’s High‑Yield Secured Floating Rate Notes Offering

Cravath represented the initial purchasers, led by Deutsche Bank, in connection with the €650 million 144A/Reg. S high‑yield senior secured floating rate notes offering of Rossini S.à r.l., a CVC Capital Partners‑controlled holding company that indirectly owns a majority interest in Recordati S.p.A., an international specialty pharmaceutical company. The transaction closed on October 30, 2019.

The Cravath team included partner Philip J. Boeckman, practice area attorney Roberto Bruno, and associates Jarrett V. Burks and Hyun Soo Suh. Connor F. O’Neill also worked on the matter.