Cravath represented Cox Communications in the transaction.
Cox Communications completed its $1.5 billion 144A/Reg. S senior unsecured notes offering. The notes are guaranteed by Cox Communications, Inc.’s parent company, Cox Enterprises, Inc., a leading broadband communications and automotive services company.
Proceeds of the offering will be used for general corporate purposes, which may include the repayment of debt. The transaction closed on September 17, 2020.
Cox Communications is a broadband communications and entertainment company, providing advanced digital video, Internet, telephone and home security and automation services over its own nationwide IP network. The third-largest U.S. cable company, Cox serves approximately 6 million residences and businesses.
The Cravath team representing Cox Communications included partner Johnny G. Skumpija (Picture) and associates Matthew G. Jones and Kathryn Kennedy Bleday on capital markets matters, associate Kyle R. Jorstad on tax matters, and associate Brendon J. Rivard on executive compensation and benefits matters. Alexandra J. Valicenti also worked on capital markets matters.
Involved fees earner: Matthew Jones – Cravath Swaine & Moore; Kyle Jorstad – Cravath Swaine & Moore; Kathryn Kennedy Bleday – Cravath Swaine & Moore; Brendon Rivard – Cravath Swaine & Moore; Johnny Skumpija – Cravath Swaine & Moore;
Law Firms: Cravath Swaine & Moore;
Clients: Cox Communications, Inc.;