Mr Johnny Skumpija > Cravath, Swaine & Moore LLP > NEW YORK, United States > Lawyer Profile

Cravath, Swaine & Moore LLP
WORLDWIDE PLAZA
825 EIGHTH AVENUE
10019-7475
United States
Johnny Skumpija photo

Work Department

Corporate

Position

Johnny G. Skumpija is a partner in Cravath’s Corporate Department.  His practice primarily focuses on representing companies and major investment banks and financial institutions in public and private capital markets transactions.  He also represents companies in mergers and acquisitions and advises clients on corporate governance, general corporate and disclosure matters.  Clients look to Mr. Skumpija for his sound, commercial and practical advice and his ability to execute deals with creative and strategic thinking.

Lawyer Rankings

United States > Finance > Capital markets: debt

(Next Generation Partners)

Johnny SkumpijaCravath, Swaine & Moore LLP

Cravath, Swaine & Moore LLP’s practice, which is equally adept at advising issuers and underwriters, stands out in complex deals, and has a strong track record in acquisition and spin-off transactions. The firm’s expertise on the debt side is illustrated by its enviable deal volume over the past twelve months: from November 2017 until November 2018, the group handled investment grade deals worth over $117bn. Finance co-lead Craig Arcella enjoys a premier reputation for his financial institution relationships and recently advised a group of underwriters, led by Barclays, Bank of America Merrill Lynch, Citigroup, Credit Suisse, JP Morgan and Morgan Stanley, on Union Pacific’s $6bn notes offering. Also on the underwriter side, William Fogg, who co-heads the finance practice, and newly promoted partner Michael Mariani advised the underwriters, led by JP Morgan, on a $6bn notes offering by JPMorgan Chase. Additionally, Johnny Skumpija acted on several issuer-side highlights, including advising Nestlé Holdings on its $8bn notes offering. In another marquee company-side transaction, Nicholas Dorsey, who also recently made partner, acted for The Walt Disney Company on offers by its wholly-owned subsidiary TWDC Holdco 613 Corporation to exchange notes issued by 21st Century Fox for up to $18.1bn. Andrew Pitts, who heads the capital markets department, and William Whelan are also prominent names in the New York-based group.

United States > Finance > Capital markets: equity offerings

Widely recognized as ‘a heavyweight underwriters’ counsel’, Cravath, Swaine & Moore LLP also has a robust issuer-side practice that is particularly prominent in cross-border offerings. The New York-based group is best known for its deep bench, which is especially impressive at senior level, and its close relationships with all the major investment banks. North America capital markets head Andrew Pitts, ‘a simply great attorney’, enjoys a strong profile in the market and recently teamed up with financing practice co-head William Fogg to advise the underwriters (led by Morgan Stanley and JP Morgan) on Baker Hughes’ $2.1bn secondary offering. Pitts also advised the initial purchasers on VICI Properties’ $1bn private placement. Craig Arcella, who co-leads the financing group, advised Morgan Stanley as the underwriter on a $1.1bn common stock offering by State Street. Among its issuer highlights, financing co-head Stephen Burns, together with Johnny Skumpija, assisted Crown Castle International with its $831m common stock offering. Other key contacts include Scott Bennett (‘a really great lawyer’) and William Whelan.

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

(Next Generation Partners)

Johnny SkumpijaCravath, Swaine & Moore LLP

According to sources, Cravath, Swaine & Moore LLP‘s New York-based group ‘is among the strongest manager-side specialists in the market’, and also receives a steady stream of mandates from high-yield debt issuers. A top choice for banks to advise on major, event-driven deals, the firm regularly demonstrates that it can turn its hand to sophisticated transactions in any sector. The diverse practice has worked to increase its market share of energy deals, which has recently included financing co-head Stephen Burns advising the underwriters on Chesapeake Energy’s $1.2bn high-yield debt offering. The healthcare industry also proved a significant source of mandates during 2018, where Johnny Skumpija acted for the initial purchasers in a $1.8bn high-yield senior notes offering by Centene Escrow I Corporation, a wholly-owned subsidiary of Centene Corporation. On the issuer side, financing co-head William Fogg and recently promoted partner Michael Mariani advised TerraForm Power Operating, a portfolio company of Brookfield Asset Management, on its $1.2bn high-yield debt offering. Other key contacts include Joseph Zavaglia, who spearheaded the firm’s advice to the initial purchasers on Community Health Systems’ $1bn senior secured notes offering, financing co-head Craig Arcella and North America capital markets lead Andrew Pitts.

United States > Media, technology and telecoms > Telecoms and broadcast: transactional

(Next Generation Partners)

Johnny SkumpijaCravath, Swaine & Moore LLP

Cravath, Swaine & Moore LLP‘s New York-based team provides telecoms clients with high-value M&A and capital markets services, with a particular focus on transformative, large-scale acquisitions. The firm is experienced on both sides of the M&A table, acting as sell-side counsel in Time Warner’s acquisition by AT&T, a market-shaping deal worth $109bn, and on the buy side on behalf of Disney regarding its pending $85bn acquisition of 21st Century Fox. Robert Townsend leads the group and specializes in complex M&A transactions, recently advising Cincinnati Bell on its $650m acquisition of Hawaiian Telecom. Faiza Saeed and George Schoen are key contacts for clients operating in the broadcasting and content delivery space; both advised on the Time Warner and Disney deals. Financing specialist Tatiana Lapushchik advised Citibank and JP Morgan in their provision of $10bn credit facilities to The Walt Disney Company. Capital markets expert William Fogg recently handled data center operator Cyrus One’s $570m registered common stock offering, while Johnny Skumpija and Stephen Burns advised Crown Castle International on a $1bn debt offering and $831m stock offering.