nVent Finance S.à r.l.0s $800 Million Notes Offering

Cravath represented the initial purchasers, led by Bank of America Merrill Lynch, Citigroup, Goldman Sachs & Co. LLC, J.P. Morgan Securities, Mitsubishi UFJ Financial Group and US Bancorp, in connection with the $800 million 144A/Reg. S senior notes offering of nVent Finance S.à r.l.

nVent Finance S.à r.l. operates as a finance subsidiary of nVent Electric plc. nVent Electric plc is being separated from Pentair plc to create a new independent company that will be a leading global provider of electrical connection and protection solutions. The transaction closed on March 26, 2018.

The Cravath team included partner Andrew J. Pitts (Picture) and associate Hugh H. Manahan on securities matters; partner Christopher K. Fargo and associates Tara L. Rhoades and Leon B. Dalezman on tax matters; and partner Matthew Morreale on environmental matters. Ashley R. Strojny also worked on securities matters.

Involved fees earner: Andrew Pitts – Cravath Swaine & Moore; Tara Rhoades – Cravath Swaine & Moore; Leon Dalezman – Cravath Swaine & Moore; Matthew Morreale – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Bank of America Merrill Lynch; Citigroup Inc.; Goldman, Sachs & Co.; JP Morgan Securities; US Bancorp; Mitsubishi UFJ Financial Group;


Author: Ambrogio Visconti