Cravath’s New York Office Moves to Two Manhattan West
Craig F. Arcella is 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, direct lending and other leveraged finance transactions; and mergers and acquisitions. He also regularly advises companies with respect to governance, public disclosure and other corporate matters.
Mr. Arcella has been cited as a leading practitioner in securities and corporate law by Chambers USA, Chambers Global, The Legal 500 US, IFLR1000, Lawdragon, The Best Lawyers in America, The Legal 500 Latin America and Latin Lawyer 250. He is “undoubtedly a market leader,” demonstrating “a unique balance of sophistication and creativity” (The Legal 500 US). Mr. Arcella is also cited in Best Lawyers “Best Law Firms” as “best‑in‑class” in devising “innovative solutions to difficult problems.”
Mr. Arcella received a B.A. from Duke University in 1995 and a J.D. from Columbia Law School in 1998, where he was a Harlan Fiske Stone Scholar and a member of the Law Review.
Mr. Arcella joined Cravath in 1998 and was elected a partner in 2006. He worked in Cravath’s Hong Kong office in 1999, in the Firm’s London office from 2001 to 2003, and is currently based in the Firm’s New York office.
Mr. Arcella has been cited as a leading practitioner in securities and corporate law by Chambers USA, Chambers Global, The Legal 500 US, IFLR1000, Lawdragon, The Best Lawyers in America, The Legal 500 Latin America and Latin Lawyer 250. He is “undoubtedly a market leader,” demonstrating “a unique balance of sophistication and creativity” (The Legal 500 US). Mr. Arcella is also cited in Best Lawyers “Best Law Firms” as “best‑in‑class” in devising “innovative solutions to difficult problems.”
Mr. Arcella received a B.A. from Duke University in 1995 and a J.D. from Columbia Law School in 1998, where he was a Harlan Fiske Stone Scholar and a member of the Law Review.
Mr. Arcella joined Cravath in 1998 and was elected a partner in 2006. He worked in Cravath’s Hong Kong office in 1999, in the Firm’s London office from 2001 to 2003, and is currently based in the Firm’s New York office.
International Bar Association
Best Lawyers in America
Chambers Global
Chambers USA
IFLR1000
Latin Lawyer 250: Latin America’s Leading Business Law Firms
Lawdragon
The Legal 500 Hall of Fame
The Legal 500 Latin America
The Legal 500 US
Deals & Cases
January 27, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.5 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes were listed on the Irish Stock Exchange. The transaction closed on January 13, 2025.
Deals & Cases
January 27, 2025
On January 27, 2025, the Aquarion Water Authority, a quasi-public corporation and political subdivision of the State of Connecticut and a standalone, newly created water authority alongside the South Central Connecticut Regional Water Authority, announced that it has entered into a definitive agreement to acquire Aquarion Water Company from Eversource Energy, an energy provider which transmits and delivers electricity and natural gas and supplies water to approximately 4.4 million customers in Connecticut, Massachusetts and New Hampshire. Subject to certain closing adjustments, the aggregate enterprise value of the sale is approximately $2.4 billion, which includes approximately $1.6 billion in cash and $800 million of net debt that will be extinguished at closing. Cravath is representing the Aquarion Water Authority in connection with the transaction.
Deals & Cases
December 13, 2024
Cravath represented the initial purchasers in connection with the $600 million 144A/Reg. S high‑yield senior notes offering of The Chemours Company, a leading, global provider of performance chemicals. The transaction closed on November 27, 2024.
Deals & Cases
December 05, 2024
Cravath represented Booking Holdings Inc. in connection with its €1.8 billion registered senior notes offering. Booking Holdings Inc. is a leading provider of online travel and travel‑related reservation and search services. The transaction closed on November 21, 2024.
Deals & Cases
November 25, 2024
Cravath represented the initial purchasers in connection with the $2.25 billion senior notes and floating rate senior notes offering of State Street Bank and Trust Company, the principal banking subsidiary of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on November 25, 2024.
Craig F. Arcella is 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, direct lending and other leveraged finance transactions; and mergers and acquisitions. He also regularly advises companies with respect to governance, public disclosure and other corporate matters.
Mr. Arcella has been cited as a leading practitioner in securities and corporate law by Chambers USA, Chambers Global, The Legal 500 US, IFLR1000, Lawdragon, The Best Lawyers in America, The Legal 500 Latin America and Latin Lawyer 250. He is “undoubtedly a market leader,” demonstrating “a unique balance of sophistication and creativity” (The Legal 500 US). Mr. Arcella is also cited in Best Lawyers “Best Law Firms” as “best‑in‑class” in devising “innovative solutions to difficult problems.”
Mr. Arcella received a B.A. from Duke University in 1995 and a J.D. from Columbia Law School in 1998, where he was a Harlan Fiske Stone Scholar and a member of the Law Review.
Mr. Arcella joined Cravath in 1998 and was elected a partner in 2006. He worked in Cravath’s Hong Kong office in 1999, in the Firm’s London office from 2001 to 2003, and is currently based in the Firm’s New York office.
Mr. Arcella has been cited as a leading practitioner in securities and corporate law by Chambers USA, Chambers Global, The Legal 500 US, IFLR1000, Lawdragon, The Best Lawyers in America, The Legal 500 Latin America and Latin Lawyer 250. He is “undoubtedly a market leader,” demonstrating “a unique balance of sophistication and creativity” (The Legal 500 US). Mr. Arcella is also cited in Best Lawyers “Best Law Firms” as “best‑in‑class” in devising “innovative solutions to difficult problems.”
Mr. Arcella received a B.A. from Duke University in 1995 and a J.D. from Columbia Law School in 1998, where he was a Harlan Fiske Stone Scholar and a member of the Law Review.
Mr. Arcella joined Cravath in 1998 and was elected a partner in 2006. He worked in Cravath’s Hong Kong office in 1999, in the Firm’s London office from 2001 to 2003, and is currently based in the Firm’s New York office.
International Bar Association
Best Lawyers in America
Chambers Global
Chambers USA
IFLR1000
Latin Lawyer 250: Latin America’s Leading Business Law Firms
Lawdragon
The Legal 500 Hall of Fame
The Legal 500 Latin America
The Legal 500 US
Deals & Cases
January 27, 2025
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.5 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes were listed on the Irish Stock Exchange. The transaction closed on January 13, 2025.
Deals & Cases
January 27, 2025
On January 27, 2025, the Aquarion Water Authority, a quasi-public corporation and political subdivision of the State of Connecticut and a standalone, newly created water authority alongside the South Central Connecticut Regional Water Authority, announced that it has entered into a definitive agreement to acquire Aquarion Water Company from Eversource Energy, an energy provider which transmits and delivers electricity and natural gas and supplies water to approximately 4.4 million customers in Connecticut, Massachusetts and New Hampshire. Subject to certain closing adjustments, the aggregate enterprise value of the sale is approximately $2.4 billion, which includes approximately $1.6 billion in cash and $800 million of net debt that will be extinguished at closing. Cravath is representing the Aquarion Water Authority in connection with the transaction.
Deals & Cases
December 13, 2024
Cravath represented the initial purchasers in connection with the $600 million 144A/Reg. S high‑yield senior notes offering of The Chemours Company, a leading, global provider of performance chemicals. The transaction closed on November 27, 2024.
Deals & Cases
December 05, 2024
Cravath represented Booking Holdings Inc. in connection with its €1.8 billion registered senior notes offering. Booking Holdings Inc. is a leading provider of online travel and travel‑related reservation and search services. The transaction closed on November 21, 2024.
Deals & Cases
November 25, 2024
Cravath represented the initial purchasers in connection with the $2.25 billion senior notes and floating rate senior notes offering of State Street Bank and Trust Company, the principal banking subsidiary of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on November 25, 2024.
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