Alcoa’s $500 Million High‑Yield Senior Notes Offering

Cravath represented the initial purchasers, led by J.P. Morgan Securities, Credit Suisse and Goldman Sachs & Co. LLC, in connection with the $500 million 144A/Reg. S high‑yield senior notes offering of Alcoa Nederland Holding B.V.

Alcoa Nederland Holding B.V. is a wholly owned subsidiary of Alcoa Corporation, a global industry leader in the production of bauxite, alumina and aluminum products. The transaction closed on May 17, 2018.

The Cravath team included partners Andrew J. Pitts (Picture) and D. Scott Bennett and associates Ammanuel G. Gebeyehu and D. Ryan Hart on securities matters, and associate Damien J. Rose on tax matters.

Involved fees earner: Andrew Pitts – Cravath Swaine & Moore; Scott Bennett – Cravath Swaine & Moore; Ammanuel Gebeyehu – Cravath Swaine & Moore; Ryan Hart – Cravath Swaine & Moore; Damien Rose – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Credit Suisse; Goldman, Sachs & Co.; JP Morgan Securities;