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Parker-Hannifin's $2.375 Billion Registered Senior Notes Offering

Cravath represented Parker-Hannifin Corporation, a global leader in motion and control technologies, in connection with its $2.375 billion registered senior notes offering. Proceeds of the offering will be used to fund the proposed acquisition of Lord Corporation. The transaction closed on June 14, 2019.

The Cravath team included partner Nicholas A. Dorsey and associates Shawn M. Quinn, Seann E. Archibald and William M. Heisey on securities matters, and partner Christopher K. Fargo and associate Cecily Xi on tax matters. Summer associate Rachael E. Joseph also worked on securities matters.