Cravath represented CyrusOne Inc. in connection with its US$361 million initial public offering of common stock. CyrusOne Inc., a subsidiary of Cincinnati Bell Inc., is a real estate investment trust that owns, operates and develops data center properties. The shares will be listed on the NASDAQ Global Select Market. The transaction closed on January 24, 2013.
The Cravath team included partner William V. Fogg, senior attorney Daniel A. O’Shea and associates John C. Duffy and Ashley L. Daly on corporate matters; partner Andrew W. Needham and associates Christopher K. Fargo, Kara L. Mungovan and Rachel H. Kiwi on tax matters; and partner Eric W. Hilfers and associates Nicole F. Foster, Jarrett R. Hoffman, Sarah E. Fortt and Michelle M. Garrett on executive compensation and benefits matters. Jennifer L. Tanaka also worked on corporate matters.
