Rossini S.à r.l.’s €1.85 Billion High‑Yield Senior Secured Notes Offering

Cravath represented the initial purchasers in connection with the €1.85 billion 144A/Reg. S high-yield senior secured notes offering of Rossini S.à r.l., a CVC-controlled holding company that indirectly owns a majority interest in Recordati S.p.A., an international specialty pharmaceutical company. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on July 18, 2024.

The Cravath team included partner Philip J. Boeckman, European counsel Roberto Bruno and associates Luke A. Martin, Apollonia Persianis and Nathaniel E. Hatter.