With the New York-based trio of Craig Arcella, William Fogg, and Andrew Pitts leading the team, Cravath, Swaine & Moore LLP is highly regarded for its representation of issuers and underwriters, constantly overseeing high-yield debt financings and covenant packages. The firm’s client roster includes investment banks, financial sponsors, and corporate issuers, with standout work coming from within the aerospace and healthcare industries. Arcella is knowledgeable in convertible bond offerings, Joseph Zavaglia is an expert in complex IPOs, and Douglas Dolan stands out for his work in equity financings and capital markets transactions. The whole team is New York-based, with Ryan Patrone and Kelly Smercina also being highlighted.
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- Profile
Key clients
- Amentum
- Burford Capital
- Various financial institutions
Work highlights
- Represented the initial purchasers in the $1.8billion high-yield senior notes offering and the $600 million high-yield senior secured notes offering of Cleveland-Cliffs to finance its acquisition of Stelco.
- Represented Amentum in its $1billion of high-yield senior notes offered in connection with Amentum’s merger with Jacobs’ Critical Missions Solutions and Cyber and Intelligence businesses.
- Represented the initial purchasers in the $850 million high-yield senior secured notes offering of Six Flags to finance its merger with Cedar Fair, creating the largest amusement park operator in the United States.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next generation partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Craig Arcella; William Fogg; Andrew Pitts
Other key lawyers
Joseph Zavaglia; Douglas Dolan; Ryan Patrone; Kelly Smercina