Toll Brothers’ $400 million registered senior notes offering


Cravath represented Toll Brothers in connection with a $400 million registered senior notes offering, guaranteed by Toll Brothers, Inc. and certain of its subsidiaries.

Toll Brothers, Inc. designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities. The transaction closed on January 22, 2018. The company, led by Robert I Toll, Douglas C Yearley Jr and Richard T Hartman, in 2017 recorded $5.815 Billion revenues.

The Cravath team included partner Joseph D. Zavaglia (Picture) and associate Holden K. Sumner on securities matters. Vardham Shankar and Samuel A. Lifton

Involved fees earner: Joseph Zavaglia – Cravath Swaine & Moore; Holden Sumner – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Toll Brothers Inc.;

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Author: Ambrogio Visconti