Parker-Hannifin’s $2.375 Billion Registered Senior Notes Offering

Cravath represented Parker-Hannifin Corporation, a global leader in motion and control technologies, in connection with its $2.375 billion registered senior notes offering.

Proceeds of the offering will be used to fund the proposed acquisition of Lord Corporation.

Cravath, Swaine & Moore LLP advised Parker-Hannifin on the transaction. Weil, Gotshal & Manges LLP, New York, New York, advised the underwriters in connection with the offering of the notes.

The Cravath team included partner Nicholas A. Dorsey (Picture) and associates Shawn M. Quinn, Seann E. Archibald and William M. Heisey on securities matters, and partner Christopher K. Fargo and associate Cecily Xi on tax matters. Summer associate Rachael E. Joseph also worked on securities matters.

Involved fees earner: Seann Archibald – Cravath Swaine & Moore; Nicholas Dorsey – Cravath Swaine & Moore; Christopher K. Fargo – Cravath Swaine & Moore; William Heisey – Cravath Swaine & Moore; Rachael Joseph – Cravath Swaine & Moore; Shawn Quinn – Cravath Swaine & Moore; Cecily Xi – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Parker Hannifin;

Author: Ambrogio Visconti