Cravath represented the underwriters, led by Credit Suisse, J.P. Morgan Securities and Wells Fargo Securities, in connection with the US$500 million registered senior debt offering of Oceaneering International, Inc., a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry. The transaction closed on November 21, 2014. More >>

Cahill represented the joint book-running managers and co-managers in connection with the public offering of $700,000,000 Senior Notes, comprised of $400,000,000 aggregate principal amount of 4.75% Senior Notes due 2022, and $300,000,000 aggregate principal amount of 5.00% Senior Notes due 2024 by Omnicare, Inc., a leading healthcare services company that specializes in the management of complex pharmaceutical care. Proceeds from the offering will be used for general corporate purposes and to refinance existing indebtedness.

Tech Mahindra Ltd., an independent global provider of network engineering services to the telecommunications industry, announced that it has signed a definitive agreement to acquire global network services leader Lightbridge Communications Corporation for an enterprise value of approximately US$240 million, subject to regulatory approvals. Dechert LLP is acting as legal advisor to Tech Mahindra in the transaction, which is expected to close by Q4 of Tech Mahindra’s 2015 fiscal year. More >>

The Firm recently represented PRA Health Sciences, Inc. (“PRA”), a portfolio company of Kohlberg Kravis Roberts & Co. L.P., in connection with its initial public offering of common stock. The offering of 19,523,255 shares of common stock, which included the underwriters’ option to purchase 2,546,511 additional shares, raised approximately $351 million in gross proceeds. The shares of PRA are now listed on the Nasdaq Global Select Market under the ticker symbol “PRAH”. More >>