William Lyon Homes’s High‑Yield Senior Debt Offering
August 11, 2014
Cravath represented the initial purchasers, led by J.P. Morgan Securities, Citigroup and Credit Suisse, in connection with the US$300 million 144A/Reg. S high‑yield senior debt offering of WLH PNW Finance Corp., a temporary issuer under William Lyon Homes, Inc. and one of the largest Western U.S. regional homebuilders. Proceeds from the offering will be used to finance the acquisition of PNW Home Builders L.L.C. by William Lyon Homes. The transaction closed on August 11, 2014.
The Cravath team included partner William J. Whelan III and associates Jacquelyn N. Arcati and Cameron S. Stanton. Summer associates Sarah R. Jacobson and William A. Magioncalda also worked on this matter.
Related Practices & Industries
People
- Photo
-
-
J.D., 1983, Fordham University School of Lawcum laude
-
B.A., 1980, University of Virginiawith Distinction
Education
Related News & Insights
Deals & Cases
May 20, 2025
Home Depot’s $7 Billion of Revolving Credit Facilities
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with $7 billion of credit facilities made available to The Home Depot, Inc., the world’s largest home improvement retailer. The transaction closed on May 6, 2025.
Deals & Cases
August 23, 2024
The Sherwin‑Williams Company’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $850 million registered senior notes offering of The Sherwin‑Williams Company, a global leader in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers. The transaction closed on August 9, 2024.
Deals & Cases
October 12, 2023
Williams Secures Delaware Supreme Court Victory Affirming Trial Win with $600 Million Judgment
On October 10, 2023, following a full trial on the merits and an appeal to the Delaware Supreme Court, Cravath client The Williams Companies, Inc. (“Williams”) secured a victory resulting in a judgment of more than $600 million.
