Cravath represented Yell Bondco plc in connection with its PS225 million 144A/Reg. S high-yield senior secured notes offering. Yell Bondco plc is part of the Hibu Group, a leading provider of digital marketing solutions to local businesses across the United States and United Kingdom. The notes will be listed on The International Stock Exchange. The transaction closed on May 2, 2018.

A&O represented Sarens on its offering of EUR125m 5.125% senior notes due 2022.

A&O represented Deutsche Bank, J.P. Morgan, Natixis, BNP Paribas, Credit Suisse on the offering by Cerba of EUR180m 5.375% senior notes due 2025.

A&O represented KCA Deutag on its offering of USD535m senior secured notes due 2022.

A&O represented JP Morgan and SEB on the offering by Norican of EUR340m 4.5% senior secured notes due 2023.

A&O represented JP Morgan, BAML, Deutsche Bank, Goldman Sachs and a global financial institution on the offering by Travelex of EUR360m 8% senior secured notes due 2022.

A&O represented Natwest Markets, HSBC, J.P. Morgan and a global financial services group on the offering by CenterParcs of GBP480m 4.250% Class B3 fixed rate secured notes due 2047 and GBP250m 4.875% Class B4 fixed rate secured notes due 2047.

A&O is representing HSBC, Goldman Sachs, RBS, Rabobank and a global financial services group on the GBP250m offering by Ocado of senior secured notes due 2024.

A&O advised Iceland Foods on its offering of GBP550m 4.625% senior secured notes due 2025.