Cravath represented the underwriters, led by Wells Fargo Securities, Citigroup and Credit Agricole CIB, in connection with the US$150 million registered high-yield senior debt offering of Sabra Health Care Limited Partnership and Sabra Capital Corporation, wholly owned subsidiaries of Sabra Health Care REIT, Inc., a self-administered, self-managed REIT that, through its subsidiaries, owns and invests in real estate serving the health care industry. The transaction closed on October 10, 2014.

The Cravath team included partner William J. Whelan III and associates Raffael M. Fiumara and Cameron S. Stanton on corporate matters, associate Ashley N. Elnicki on tax matters and senior attorney Annmarie M. Terraciano on environmental matters.