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Sullivan & Cromwell LLP

125 BROAD STREET, NEW YORK 10004-2498, USA
Tel:
Work +1 212 558 4000
Fax:
Fax +1 212 558 3588
Email:
Web:
www.sullcrom.com

Catherine Clarkin

Sullivan & Cromwell LLP

Work Department

General Practice

Position

Partner

Career

Cathy is a partner in the Firm’s Corporate and Finance and Financial Services Groups and is the deputy managing partner of the Firm’s Capital Markets Group. She advises clients on a wide variety of capital market transactions across a broad range of industries. Ms. Clarkin has extensive experience in public and private offerings of equity and debt securities by U.S. and non-U.S. issuers, including IPOs, secondary offerings, complex debt issuances, liability management transactions and securities issued in connection with mergers, acquisitions and joint ventures. She regularly advises a broad range of corporate and financial institution clients on ongoing public company matters, including corporate governance and disclosure matters. Cathy also regularly represents large financial institutions in the development and structuring of hybrid securities and structured products.

Member

Cathy is a member of the Firm’s Knowledge Management and Women’s Initiative Committees

Education

Catholic University of America Columbus School of Law, 1995; American University, 1992


United States: Finance

Capital markets: debt offerings

Within: Capital markets: debt offerings

The ‘top-notch’ group at Sullivan & Cromwell LLP is ‘excellent in every respect’, exhibiting a ‘business-friendly approach’, and ‘very deep bench’. The firm sits comfortably at the top of the market globally, which also ensures it is regularly involved in some of the most prominent cross-border matters. Most notably, the New York office teamed up with the London office to advise Anheuser-Busch InBev Finance on its $46bn offering of notes as well as on its subsequent $1.4bn offering of notes; the initial transaction was notable for being the second-largest corporate bond sale on record and the US side of the deal was led by Frank Aquila. Among its work for underwriters, Robert Risoleo assisted Citigroup Global Markets and UBS Securities with Aetna’s $13bn notes offering, while Los Angeles-based Patrick Brown advised the underwriters on two offerings of notes by AT&T totaling $10bn. Robert Downes and Catherine Clarkin are also highly regarded. Named partners are based in New York unless otherwise stated.

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Capital markets: equity offerings

Within: Capital markets: equity offerings

Sullivan & Cromwell LLP’s New York-headquartered group acted on a steady flow of equity matters through 2016, and significantly its issuer-side practice set the pace for the department - historically it has been stronger on the manager side. Among the group’s recent highlights, deputy capital markets head Catherine Clarkin and Mitchell Eitel advised First Hawaiian Bank on its $557.7m IPO and spinoff from BNP Paribas, and John Evangelakos assisted Intercontinental exchange with its $1.3bn follow-on offering. In the Palo Alto office, John Savva and Sarah Payne advised SoftBank on the $10bn monetization of a portion of its Alibaba stake, including a $3.4bn private placement. On the underwriter side, Robert Downes acted for Bank of America Merrill Lynch and Wells Fargo Securities in Regency Centers’ $406.4m follow-on offering. The highly regarded Robert Buckholz coordinates the firm’s corporate and finance department.

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