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Cravath, Swaine & Moore LLP

CITYPOINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9HR, ENGLAND
Tel:
Work 020 7453 1000
Fax:
Fax 020 7860 1150
Email:
Web:
www.cravath.com
London, New York

Philip Boeckman

Tel:
Work 020 7453 1020
Email:
Cravath, Swaine & Moore LLP

Work Department

Corporate.

Position

Philip J. Boeckman is a partner in Cravath’s Corporate Department and serves as Co‑Head of the Capital Markets Practice for EMEA. He has been based in the Firm’s London office since 2000, when he relocated to London from the New York office.

Mr. Boeckman’s general corporate practice covers capital markets, including IPOs, rights issuances and other equity offerings, U.S. listings and high‑yield bridge, bond and other leveraged financings, as well as mergers and acquisitions. He has represented several of Cravath’s European clients, including AXA, Bacardi, BAT, the European Investment Bank, Ferroglobe, KPN, Saipem, TNT and Unilever, and several Indian and South African companies. He has also represented Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan and Morgan Stanley and, as designated underwriters’ counsel, Prudential plc and the Republic of Poland, and several private equity firms, including Lion Capital, Permira and Terra Firma.

Mr. Boeckman has been repeatedly cited as one of the leading practitioners in capital markets by Chambers UK: A Client’s Guide to the UK Legal ProfessionChambers Global: The World’s Leading Lawyers for BusinessThe Legal 500 United KingdomIFLR1000The Best Lawyers in the United KingdomWho’s Who Legal: Capital Markets; and PLC Which Lawyer? In 2013, he was shortlisted for The Chambers 100, a ranking of the UK’s top 100 business lawyers. Mr. Boeckman was also named Best Lawyers’ 2015‑2016 London “Lawyer of the Year” for Capital Markets Law.

Career

Mr. Boeckman joined Cravath in 1991 and became a partner in 1999.

Member

Mr. Boeckman is Co‑Editor of European Securities Law. He is a member of the Editorial Board of Capital Markets Law Journal, as well as the Advisory Committee for the Practising Law Institute’s Annual Institute on Securities Regulation in Europe. From 2010 to 2012, Mr. Boeckman was Vice Chair of the Board of Directors of the AFME High Yield Division. From 2007 to 2009, he was Co‑Chair of the International Bar Association’s Securities Law Committee.

Mr. Boeckman is a member of the Board of Directors of the International Churchill Society and the Senior Fellow of the National Churchill Museum.

Education

Mr. Boeckman received a B.A. cum laude from Westminster College in 1988 and a J.D. magna cum laude from the University of Missouri in 1991, where he was a Notes Editor on the Law Review.


London: Corporate and commercial

Equity capital markets

Within: Equity capital markets

Cravath, Swaine & Moore LLP runs ‘a top-notch’ US securities practice from its London office and is involved in some of the largest transactions in the US and global equity capital markets. George Stephanakis jointly leads the EMEA capital markets practice and has ‘unrivalled knowledge of US securities laws’. Department co-head Philip Boeckman advised innogy SE in relation to its €4.9bn IPO and listing on the Frankfurt Stock Exchange. Additionally, David Mercado assisted Becle SAB de CV (Jose Cuervo) in connection with its MXN11bn international offering in the US and concurrent MXN5bn IPO and listing on the Mexican Stock Exchange and Latin American Integrated Market; this represents the largest IPO in Mexico since 2013. In addition to its issuer-side practice, the team also has long-standing relationships with banks such as Citigroup, Credit Suisse, Goldman Sachs and J.P. Morgan.

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M&A: upper mid-market and premium deals, £250m+

Within: M&A: upper mid-market and premium deals, £250m+

Philip Boeckman leads the team at Cravath, Swaine & Moore LLP, which has a strong line in complex, multi-jurisdictional public and private M&A. He acted for Gala Coral Group on its £2.3bn merger with Ladbrokes, advised Punch Taverns on its £1.8bn sale to Vine Acquisitions, and assisted Braas Monier Building Group with its sale to Standard Industries. George Stephanakis advised Luxottica Group on its $49bn merger with Essilor International, assisted Zodiac Aerospace with its €8.5bn merger with Safran, and acted for Delhaize Group on its $29bn merger with Royal Ahold. Alyssa Caples advised British American Tobacco on its $49.5bn acquisition of the remaining 58% stake in Reynolds American, and David Mercado acted for Banco Santander on its purchase of Citigroup’s consumer credit card, consumer brokerage and retail banking businesses.

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London: Finance

Debt capital markets

Within: Debt capital markets

Cravath, Swaine & Moore LLP is a US firm with a long track record of European capital markets deals, although it is best known for its strong Yankee bonds practice. Philip Boeckman is co-head of the EMEA capital markets practice and regularly advises clients in Europe, India and South Africa, frequently acting for leading investment banks such as Citigroup, Deutsche Bank and Credit Suisse. His highlights included acting for European Investment Bank in nine multibillion-dollar offerings listed on the Bourse de Luxembourg. He also advised underwriters including BNP Paribas on a $1.75bn offering by the State Treasury of Poland. George Stephanakis is the other EMEA capital markets co-head and his experience includes extensive work for corporate issuers and financial institutions in investment grade debt offerings. Corporate partner Alyssa Caples also handles debt offerings as part of her broad practice. She advised Bacardi on a $450m Rule 144a/Reg S transaction. David Mercado, who acted for initial purchasers led by Credit Suisse in a $4.5bn notes offering, is also recommended.

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High yield

Within: Leading individuals

Philip Boeckman - Cravath, Swaine & Moore LLP

Within: High yield

Cravath, Swaine & Moore LLP is ‘really excellent – the team has very good technical knowledge combined with practical and pragmatic advice’. The firm has a longstanding track record of handling precedent-setting deals for issuers and underwriters, and remains ‘a force to be reckoned with in the high yield market’. Philip Boeckmanalways makes a big difference to what clients are able to achieve and adds real value; he is well regarded by clients and the banks with which they work’. Boeckman, Alyssa Caples and George Stephanakis, co-head of the firm’s EMEA capital markets practice, are all ‘astoundingly good’. The team advised initial purchasers led by JPMorgan on a €471m 144a/Reg S offering of senior secured notes by BiSoho that were used to fund the acquisition of apparel and accessories retail group SMCP. Another highlight saw it act for Credit Suisse on the €230m offering by private equity portfolio company Garfunkelux Holdco to fund the acquisition of DC Holding. Its work on the issuer side included a €435m senior secured bond offering by BMBG Bond Finance. Joel Herold moved to the firm’s New York office.

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