Cravath represented the underwriters, led by BofA Securities and Citigroup, in connection with the $350 million registered senior notes offering of Allegheny Technologies Incorporated. K&L Gates acted as transaction counsel to Allegheny Technologies Incorporated.
Allegheny Technologies Incorporated completed its offering and sale of $350.0 million aggregate principal amount of the Company’s 5.875% Senior Notes due 2027. The transaction closed on November 22, 2019.
BofA Securities, Inc., Citigroup Global Markets Inc., PNC Capital Markets LLC, MUFG Securities Americas Inc., J.P. Morgan Securities, LLC, Wells Fargo Securities, LLC, and HSBC Securities (USA) Inc. acted as underwriters in the offering.
Allegheny Technologies Incorporated is a global manufacturer of technically advanced specialty materials and complex components.
The Cravath team included partners Andrew J. Pitts (Picture) and D. Scott Bennett and associates Claudia J. Ricciardi and Julia H. Rhieu. Sahar Khorramnezhad also worked on the matter.
Law Firms: Cravath Swaine & Moore;