Smurfit Westrock’s USD and EUR Green Bond Offerings

Cravath represented the initial purchasers in connection with the (i) $850 million senior notes offering by Smurfit Westrock Financing DAC, a wholly owned subsidiary of Smurfit Westrock plc, one of the world's largest integrated manufacturers of paper‑based packaging products, and (ii) the dual‑tranche €1.2 billion senior notes offering of Smurfit Kappa Treasury Unlimited Company, a wholly owned subsidiary of Smurfit Westrock plc. The notes offerings closed on November 26 and 27, 2024, respectively.

The Cravath team included partner Philip J. Boeckman, European counsel Margaret R. M. Rallings and associates Nathaniel E. Hatter and Lauri Marjamaki on capital markets matters; partner Arvind Ravichandran and associates Megan Samayoa and Ruth Goldstein Schapiro on tax matters; and senior attorney Annmarie M. Terraciano on environmental matters. Georgi Boyadzhiev and Narda Vasquez Arancibia also worked on capital markets matters.