Cravath, Swaine & Moore LLP
12/16/2025 | Press release | Distributed by Public on 12/16/2025 11:20
Element Fleet Management Corp.’s Senior Notes Offering
Cravath represented Element Fleet Management Corp. in connection with its $500 million 144A/Reg. S senior notes offering. Element Fleet Management Corp. is the largest publicly traded pure-play automotive fleet manager in the world. The transaction closed on November 24, 2025.
The Cravath team included partners Joseph D. Zavaglia and Douglas Dolan, and associates Nigle B. Barrow III and foreign associate attorney Luis A. Suarez del Real T. on capital markets matters; partner Arvind Ravichandran and associate Frederick Schemel on tax matters; and partner Eric W. Hilfers and associate Keanna N. Joseph on executive compensation and benefits matters. Andrew Stone also worked on tax matters.
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