Time Inc.’s High‑Yield Senior Notes Offering and Senior Secured Credit Facilities
October 12, 2017
Cravath represented Time Inc. in connection with debt financing transactions in excess of $1 billion in the form of high‑yield senior notes and amended and restated senior secured credit facilities. Proceeds of the new indebtedness will be used to refinance existing indebtedness. Time Inc. is a leading multi‑platform consumer media company that engages over 170 million consumers globally every month. Time’s influential brands include People, Time, Fortune, Sports Illustrated, InStyle, Real Simple, Southern Living and Travel + Leisure, as well as approximately 60 diverse international brands. The transaction closed on October 11, 2017.
The Cravath team included partner Joseph D. Zavaglia and associates Isaac C. Beerman, Jennifer Uren and Jessie Chiang. Samuel A. Lifton also worked on this matter.
Related Practices & Industries
People
- Photo
-
-
J.D., 2004, Brooklyn Law SchoolValedictorian, summa cum laude
-
B.B.A., 2001, College of Insurancecum laude
- New York
Education
Admitted In
Related News & Insights
Deals & Cases
December 01, 2025
Polaris Inc.’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $500 million registered senior notes offering of Polaris Inc. Polaris Inc. designs, engineers, manufactures and markets powersport vehicles and also designs and manufactures or sources parts, garments and accessories. The transaction closed on November 13, 2025.
Deals & Cases
December 01, 2025
The Mosaic Company’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $900 million registered senior notes offering of The Mosaic Company, the world’s leading producer and marketer of concentrated phosphate and potash crop nutrients. The transaction closed on November 13, 2025.
Deals & Cases
November 26, 2025
Howmet Aerospace Inc.’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $500 million registered notes offering of Howmet Aerospace Inc., a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The transaction closed on November 12, 2025.
Deals & Cases
November 18, 2025
Ripple Labs, Inc.’s Private Placement of Class A Common Stock
Cravath represented funds managed by affiliates of Brevan Howard in connection with an investment in Ripple Labs, Inc., consisting of a private placement of Class A Common Stock, as part of Ripple’s $500 million strategic investment at a $40 billion valuation, led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. The transaction closed on November 4, 2025.
