Cravath represented the underwriters, led by Morgan Stanley and Wells Fargo Securities, in connection with the $500 million registered senior notes offering of Kirby Corporation
Proceeds of the offering will be partially used to finance the acquisition of Higman Marine, Inc. by Kirby Corporation. The transaction closed on February 12, 2018.
Kirby Corporation operates a fleet of inland tank barges. The Company led by David W Grzebinski, William G Ivey and Joseph H Reniers, in 2017 recorded $2.214 Billion Revenues.
The Cravath team included partner Andrew J. Pitts (Picture) and associate D. Ana Choi. Emily C. Weiss also worked on this matter.
Involved fees earner: Andrew Pitts – Cravath Swaine & Moore;
Law Firms: Cravath Swaine & Moore;