Mr Craig Arcella > Cravath, Swaine & Moore LLP > NEW YORK, United States > Lawyer Profile

Cravath, Swaine & Moore LLP
WORLDWIDE PLAZA
825 EIGHTH AVENUE
NEW YORK
10019-7475
United States

Work Department

Corporate

Position

Craig F. Arcella is a partner in Cravath’s Corporate Department and serves as Co-Head of the Finance Practice. Mr. Arcella represents financial institutions and corporate clients in a wide variety of matters, including investment grade, high‑yield and convertible bond offerings; liability management transactions; initial public offerings and other equity financings; syndicated loan and other leveraged finance transactions; and mergers and acquisitions. He also regularly advises companies with respect to governance, public disclosure and other corporate matters.

Lawyer Rankings

United States > Finance > Capital markets: high-yield debt offerings

(Leading lawyers)

Craig ArcellaCravath, Swaine & Moore LLP

Cravath, Swaine & Moore LLP is highly rated for complex and high-value deals; it does not have the volume of transactions that some of its competitors have. Many of its high-yield debt engagements relate to major acquisition and spin-off transactions. It has an outstanding client list of issuers and bulge-bracket underwriters, with a weighting towards underwriter mandates. Andrew Pitts, William Fogg and Craig Arcella are amongst the leading names in the market, along with Joseph Zavaglia, who has advised on a series of headline deals, including advising initial purchasers and the dealer managers in a series of offerings by CHS/Community Health Systems. Matthew Jones was promoted to partner in January 2021 and Johnny Skumpija joined Sidley Austin LLP in March 2021.

United States > Finance > Capital markets: global offerings

(Leading lawyers)

Craig ArcellaCravath, Swaine & Moore LLP

Cravath, Swaine & Moore LLP has a hugely impressive client base of international issuers, despite it having just two offices, in New York and London; the firm has a large team of US lawyers in the UK capital. Along with an extensive list of corporate issuer clients, it has also landed engagements from a number of sovereign and supranational entities. Amongst a number of headline deals, it advised AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in their $21bn registered fixed and floating rate senior notes offering and their $1bn registered senior notes offering. Craig Arcella is co-head of the finance practice and has an outstanding record in investment grade, high‑yield and convertible bond offerings, along with IPOs for international issuers. David Mercado  is another experienced figure in global offerings, especially for European and Latin American issuers; he previously completed a long stint in London. Andrew PittsNicholas Dorsey  and Scott Bennett are also key names.

 

United States > Finance > Capital markets: debt offerings

(Hall of Fame)

Craig ArcellaCravath, Swaine & Moore LLP

Cravath, Swaine & Moore LLP has maintained its illustrious reputation in the DCM space, advising on a range of registered and Rule 144A/Regulation S debt offerings for prestigious issuers and underwriters. This includes a variety of investment grade, high-yield, convertible and exchangeable debt securities. The core team has worked on a series of headline and high-value debt offerings, including representing the underwriters in the $13bn registered floating rate notes and fixed to floating rate notes offerings by JPMorgan, the largest ever bond sale by any bank. Craig Arcella and Andrew Pitts are leaders in the field, including in investment grade and high-yield debt transactions. William Fogg and Stephen Burns are also senior finance practitioners with an extensive record in the capital markets field, segment Scott Bennett is now an established senior name, and Nicholas Dorsey is amongst the next generation of top practitioners. Johnny Skumpija left the firm in March 2021.