Cravath represented the underwriters, led by Credit Suisse, in connection with the $1.2 billion registered offering of high‑yield notes by CHS/Community Health Systems, Inc., one of the largest publicly traded operators of hospitals in the United States. The transaction closed on July 18, 2012.
In addition, Cravath represented Credit Suisse as dealer manager in connection with a related high‑yield notes tender offer and consent solicitation by CHS/Community Health Systems, Inc.
The Cravath team included partner Joseph D. Zavaglia and associates Brandon R. DeFrehn and Christopher K. Couvelier. Summer associate Jun Li also worked on this transaction.
