D. Scott
Bennett

Notable transactions include representing:

IPOs, Spin‑Offs and Split‑Offs

• Robinhood in its initial public offering;
• Becle (Jose Cuervo) in its initial public offering;

• The underwriters in the $571 million initial public offering of GrafTech International;
• Symetra Financial in its $420 million initial public offering;

• The underwriters in the $236 million initial public offering of Gener8 Maritime;

• GasLog Partners in its $203 million initial public offering;

• The underwriters in the $89 million initial public offering of Global Brass and Copper;

• Novartis in its spin-off of Alcon;
• Time Warner in its spin‑off of AOL; and

• Weyerhaeuser in its offer to exchange all shares of Weyerhaeuser Real Estate Company (WRECO), which were converted into shares of common stock of TRI Pointe Homes for shares of Weyerhaeuser. The exchange offer was conducted in connection with Weyerhaeuser’s $2.8 billion sale of its homebuilding business to TRI Pointe.

Other Equity Offerings

• The underwriters and agents in three at‑the‑market offerings of common units totaling up to $750 million and two registered offerings of common units totaling $964 million of Phillips 66 Partners;
• Quibi in its $750 million Series C private financing;
• GasLog Partners in numerous transactions, including three registered offerings of fixed‑to‑floating rate preferred units totaling $358 million and its $144 million at‑the‑market offering of common units;

• The agents in the establishment of a $500 million at‑the‑market program of MPLX;

• The underwriters and selling stockholders in the $465 million registered common stock offering of Alcoa related to Alcoa's separation of its Arconic Business;

• Costamare in its $115 million registered perpetual preferred stock offering, its $96 million registered offering of common stock and its $72 million registered offering of common stock; and
• GasLog Ltd. in its $115 million registered offering of series A cumulative redeemable perpetual preference shares.

High‑Yield Debt Offerings

• The initial purchasers in three 144A/Reg. S high‑yield senior notes offerings of Alcoa totaling $2.5 billion;
• The initial purchasers in the $550 million 144A/Reg. S high-yield senior notes offering of Hess Midstream Partners and the $800 million 144A/Reg. S high-yield senior notes offering of Hess Infrastructure Partners;

• Weyerhaeuser in its $900 million 144A/Reg. S high‑yield senior notes offering of Weyerhaeuser Real Estate Company; and

• The initial purchasers in the $450 million 144A/Reg. S high‑yield senior secured notes offering of Cornerstone Chemical used to finance the acquisition of Cornerstone by Littlejohn.

Investment Grade Debt Offerings

• Qualcomm in five registered notes offerings totaling $26.4 billion, including its $10 billion debut registered notes offering;
• The underwriters in eight senior notes offerings of MPLX totaling $17.35 billion;
• The underwriters in three registered senior notes offerings of AmerisourceBergen totaling $4.28 billion;
• The underwriters in four registered senior notes offerings of Phillips 66 totaling $5.5 billion, including the $1.25 billion registered senior notes offering to finance its merger with DCP Midstream;
• The underwriters in three 144A/Reg. S notes offerings of Alcon Finance totaling $4.05 billion;
• Weyerhaeuser in four registered notes offerings totaling $3.15 billion;

• The underwriters in the $1 billion registered senior notes offering of Marathon Oil; 
• WestRock in its $1 billion 144A/Reg. S senior notes offering; and
• GasLog Ltd. in the private placement of $325 million of notes.

Convertible Offerings

• Robinhood in its $3.4 billion private placement of convertible notes;
• The placement agents in the $1.05 billion private placement of series A perpetual convertible preferred units and common units of Phillips 66 Partners; and

• BioFuel Energy in its offering of subscription rights to purchase depositary shares representing interests in preferred stock that is automatically convertible into common stock.

Liability Management Transactions

• Qualcomm in its $4 billion debt-for-debt exchange and cash tender offers;

• The dealer managers in the $1.3 billion notes tender offer and consent solicitation of Novelis; and

• The dealer manager in the notes tender offer and consent solicitation of RBS Global and Rexnord.

M&A Transactions

• GasLog Ltd. in its pending acquisition of GasLog Partners;
• The independent directors of JDA Software Group in the $2 billion leveraged buyout of JDA by affiliates of New Mountain Capital; 
• White Mountains Insurance Group in the $1 billion sale of its Esurance and Answer Financial businesses to Allstate; and
• Jose Cuervo in its $205 million acquisition of Pendleton Whisky brands.

Mr. Bennett was named a “Dealmaker of the Year” by The American Lawyer in 2020.  He was named a “Rising Star” by Law360 in 2018, recognizing him as one of three outstanding capital markets lawyers in the nation under the age of 40. Mr. Bennett has been repeatedly recognized for his work in the capital markets arena by The Legal 500 US, The Legal 500 Latin America and IFLR1000, among others. Additionally, he has been recognized for his work in the fintech sector by The Legal 500 US and his work in corporate law by The Best Lawyers in America, and he has been named one of the “500 Leading Dealmakers in America” by Lawdragon.

Mr. Bennett is a frequent speaker and author on a range of legal topics pertaining to capital markets and finance, as well as developments in the fintech industry. He recently participated in a panel at TechGC’s 2022 IPO Conference, discussing considerations for general counsels of companies viewing a potential IPO. Mr. Bennett co‑authored chapters on the current state of laws and regulations applicable to blockchain in the U.S. for recent editions of The Legal 500’s “Blockchain Country Comparative Guide.”

Mr. Bennett was born in Sarasota, Florida. He received a B.A. in Economics from Duke University in 2002. Mr. Bennett received a J.D. with High Honors from Emory University School of Law in 2006, where he was valedictorian and a member of the Law Journal.

Mr. Bennett joined Cravath in 2006 and was elected a partner in 2013.