06/02/2025 | Press release | Distributed by Public on 06/02/2025 12:32
Cravath represented the initial purchasers in connection with the $350 million 144A/Reg. S fixed-rate reset senior notes offering of Ascot Group Limited, a global insurance and reinsurance organization offering a broad range of specialty insurance and reinsurance products to customers worldwide through underwriting platforms in the U.K., Bermuda and the U.S. The transaction closed on May 16, 2025.
The Cravath team included partners Andrew J. Pitts and C. Daniel Haaren and associates Sophia Premji and E. Celeste Kearney on capital markets matters; partner Andrew T. Davis and associates Eduardo D. Jacobo and Ruth Goldstein Schapiro on tax matters; and associate Matthew S. Johnson on executive compensation and benefits matters.