Mr Joseph Zavaglia > Cravath, Swaine & Moore LLP > New York, United States > Lawyer Profile

Cravath, Swaine & Moore LLP is a longstanding leader in high-yield debt, with an especially strong record in underwriter-side engagements. It managed a series of impressive deals in 2022, including advising the initial purchasers on the $1.54bn 144A/Reg S high-yield senior secured notes offering by CHS/Community Health Systems. Joseph Zavaglia, head of leveraged finance at the firm, is noted for his major focus on high-yield debt transactions. Craig Arcella, co-head of finance, is another prominent figure in underwriter-side high-yield debt engagements. Andrew Pitts, William Fogg and Scott Bennett are also key members of the capital markets group, all of whom have a track record in high-yield debt matters.