Essential Utilities, Inc.’s Senior Notes Offering

Cravath represented the underwriters in connection with the $500 million senior notes offering of Essential Utilities, Inc., a holding company for regulated utilities providing water, wastewater or natural gas services to an estimated 5.5 million people in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia and Kentucky under the Aqua and Peoples brands. The transaction closed on August 7, 2025.

The Cravath team included partner Ryan J. Patrone and associates Laureano Genin and E. Celeste Kearney on capital markets matters; partner Arvind Ravichandran and associate Jonathan Minion on tax matters; and senior attorney Annmarie M. Terraciano and associate Star S. Gulant on environmental matters.