State of Israel’s Debt Offering

Cravath represented the underwriters, led by Barclays Capital, Goldman, Sachs & Co. and UBS Investment Bank, in connection with the US$1.5 billion registered debt offering of the State of Israel. The notes were listed on the Bourse de Luxembourg. The transaction closed on January 30, 2012.

The Cravath team included partner Craig F. Arcella on corporate matters and partner Michael L. Schler on tax matters.