Law360 Names Cravath a 2023 “Capital Markets Practice Group of the Year”
February 08, 2024
On January 24, 2024, Cravath was featured by Law360 as a “Capital Markets Practice Group of the Year.” The profile highlighted the Capital Markets Practice’s representation of clients, including AngloGold Ashanti in its corporate restructuring and change to its domicile and primary listing location, the underwriters of L3Harris Technologies, Inc.’s $3.25 billion registered notes offering and the underwriter and the dealers of AmerisourceBergen’s $1.6 billion registered secondary common stock offering.
Cravath partner and Co‑Head of the Firm’s Capital Markets Practice for North America Andrew J. Pitts spoke about the practice’s strengths, including its “combination of technical excellence and market insight [that] really differentiates us, and [that] leads to us getting hired for these types of very high‑profile, complex transactions.” Partner and Co‑Head of the Firm’s Capital Markets Practice for EMEA George A. Stephanakis reflected on the challenge of advising AngloGold Ashanti in a transaction that involved coordinating among a group of law firms providing advice on English, South African, Ghanaian, Isle of Man and Australian law: “We like the challenges that entails — working with our fellow lawyers in the other jurisdictions to find creative solutions that work under the regulatory regime.” Looking forward to the future of the practice, Andrew also noted that the group’s “goal for 2024 is to identify those areas where we anticipate continued and increased activity and position ourselves to participate in that.”
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M.B.A., 1995, Boston Universitywith High Honors
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J.D., 1994, Boston University School of Lawsumma cum laude
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B.A., 1988, Trinity College
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LL.M., 1997, Harvard Law SchoolFulbright Scholar
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LL.M., 1995, Cambridge University - Faculty of Law
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LL.B., 1994, University of Athens School of Lawsumma cum laude
- New York
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Related News
Deals & Cases
May 15, 2023
AngloGold Ashanti’s Corporate Restructuring and Change to Domicile and Primary Listing Location
On May 12, 2023, AngloGold Ashanti, an independent, global gold mining company, announced that it has undertaken a comprehensive review of its domicile and listing structure and concluded that the most appropriate structure for AngloGold Ashanti Group is a UK corporate domicile with a U.S. primary listing on the New York Stock Exchange (“NYSE”) and secondary listings on the Johannesburg Stock Exchange (“JSE”) and A2X Markets (“A2X”) in South Africa and on the Ghana Stock Exchange (“GhSE”) in Ghana. Cravath is representing AngloGold Ashanti as U.S. counsel in connection with this matter.
Deals & Cases
August 16, 2023
L3Harris Technologies, Inc.’s $3.25 Billion Registered Notes Offering
Cravath represented the underwriters in connection with the $3.25 billion registered notes offering of L3Harris Technologies, Inc., an aerospace and defense technology company that provides mission-critical solutions for government and commercial customers worldwide. Proceeds of the offering were used to finance the acquisition of Aerojet Rocketdyne Holdings, Inc. The transaction closed on July 31, 2023.
Deals & Cases
August 22, 2023
AmerisourceBergen’s $1.6 Billion Registered Secondary Common Stock Offering
Cravath represented the underwriter and the dealers in connection with the $1.6 billion registered secondary common stock offering of AmerisourceBergen Corporation in connection with the entrance by Walgreens Boots Alliance Holdings LLC, the selling stockholder, into a prepaid variable share forward transaction. AmerisourceBergen Corporation is one of the largest global pharmaceutical sourcing and distribution services companies, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient care. The transaction closed on August 8, 2023.
