Xefin Lux S.C.A.’s High-Yield Senior Debt Offering
June 01, 2011
Cravath represented the initial purchasers, led by BNP Paribas and UniCredit Bank, in connection with the €300 million high-yield senior secured debt offering of Xefin Lux S.C.A (Xefin Lux), a newly formed corporate partnership. Xefin Lux will use the proceeds from the offering to fund a term loan, which will be made available concurrently to be borrowed by Xella International Holdings S.à.r.l. (Xella International), a portfolio company of private equity sponsors Goldman Sachs Capital Partners and PAI partners. Xella International is a leading European multi-brand manufacturer of wall-building materials and premium dry lining products. The transaction closed on June 1, 2011.
The Cravath team included partner Philip J. Boeckman.
Related Practices & Industries
People
- Photo
-
-
J.D., 1991, University of Missouri Columbia School of LawOrder of the Coif, magna cum laude
-
B.A., 1988, Westminster Collegecum 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.
