Cravath’s London Office Moves to 100 Cheapside
March 21, 2024
Cravath represented the underwriters in connection with the $600 million registered senior notes offering and concurrent $400 million registered fixed‑rate junior subordinated notes offering of TPG Operating Group II, L.P. TPG Operating Group II, L.P. is a subsidiary of TPG Inc., a leading global alternative asset manager. The registered senior notes offering closed on March 5, 2024 and the registered fixed‑rate junior subordinated notes offering closed on March 4, 2024.
The Cravath team included partners Craig F. Arcella and Douglas Dolan and associate Matthew C. Weinstein on capital markets matters, partner Arvind Ravichandran and associates Christopher M. Winters and Eduardo D. Jacobo on tax matters, and partner Matthew Morreale on environmental matters. Emily E. Gust also worked on capital markets matters.
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.
Deals & Cases
June 23, 2025
Cravath represented Toll Brothers Finance Corp. in connection with its $500 million registered senior notes offering, fully guaranteed by Toll Brothers, Inc. and certain of its subsidiaries. Toll Brothers Finance Corp. is an indirect wholly owned subsidiary of Toll Brothers, Inc., which designs, builds, markets, sells and arranges financing for an array of luxury residential homes and communities. The transaction closed on June 10, 2025.
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