Cravath’s New York Office Moves to Two Manhattan West
Annmarie M.
Terraciano
Senior Attorney, Corporate
Annmarie M. Terraciano is a senior attorney in Cravath’s Corporate Department. She advises the Firm’s clients on environmental matters relating to mergers and acquisitions, capital markets transactions, financings and other business transactions, as well as on environmental‑related proceedings and indemnification disputes. Ms. Terraciano also counsels companies on matters relating to Environmental, Social and Governance (“ESG”) concerns, including shareholder engagement, sustainability reporting and disclosure and diligence and integration matters.
Ms. Terraciano has worked on hundreds of transactions across all industries in the U.S. and internationally, including deals in heavy manufacturing; chemical production and refining; pulp and paper; iron and steel; mining; oil and gas exploration, refining, transport and services; power generation; pharmaceuticals; electronics; telecommunications; food and beverage production; consumer goods; insurance; commercial real estate and retail chains. She also provides counseling on environmental compliance matters; environmental proceedings; environmental indemnification disputes; and environmental aspects of periodic reporting obligations under securities laws.
Ms. Terraciano has been recognized for her transactional and regulatory work in the environmental area by, among others, Chambers USA, The Legal 500 US, The Best Lawyers in America and Super Lawyers.
Ms. Terraciano was born in New York. She received a B.A. cum laude from Wellesley College in 1989, an M.S. from the University of Wisconsin – Madison in 1994 and a J.D. from Columbia Law School in 1998, where she was a Harlan Fiske Stone Scholar and an Articles Editor of the Human Rights Law Review. Ms. Terraciano joined Cravath in 2001 and was elected a senior attorney in 2012. Prior to joining Cravath, she practiced environmental litigation at a law firm in New York.
Ms. Terraciano has worked on hundreds of transactions across all industries in the U.S. and internationally, including deals in heavy manufacturing; chemical production and refining; pulp and paper; iron and steel; mining; oil and gas exploration, refining, transport and services; power generation; pharmaceuticals; electronics; telecommunications; food and beverage production; consumer goods; insurance; commercial real estate and retail chains. She also provides counseling on environmental compliance matters; environmental proceedings; environmental indemnification disputes; and environmental aspects of periodic reporting obligations under securities laws.
Ms. Terraciano has been recognized for her transactional and regulatory work in the environmental area by, among others, Chambers USA, The Legal 500 US, The Best Lawyers in America and Super Lawyers.
Ms. Terraciano was born in New York. She received a B.A. cum laude from Wellesley College in 1989, an M.S. from the University of Wisconsin – Madison in 1994 and a J.D. from Columbia Law School in 1998, where she was a Harlan Fiske Stone Scholar and an Articles Editor of the Human Rights Law Review. Ms. Terraciano joined Cravath in 2001 and was elected a senior attorney in 2012. Prior to joining Cravath, she practiced environmental litigation at a law firm in New York.
Education
-
J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.S., 1994, University of Wisconsin - Madison
-
B.A., 1989, Wellesley Collegecum laude
Admitted In
- New York
Professional Affiliations
American Bar Association
New York City Bar Association
- Member of the Committee on International Environmental Law
Rankings
Best Lawyers in America
- Environmental Law (2025‑2010)
Chambers USA
- Environment: Mainly Transactional - New York (2024‑2012)
The Legal 500 US
- Environment: Transactional (2024-2017, 2015, 2014, 2013, 2011)
Super Lawyers - New York
- Environmental (2024‑2012)
Deals & Cases
February 20, 2025
Cleveland-Cliffs Inc.’s High‑Yield Senior Guaranteed Notes Offering
Cravath represented the initial purchasers in connection with the $850 million 144A/Reg. S high‑yield senior guaranteed notes offering of Cleveland‑Cliffs Inc., a leading North America‑based steel producer. The transaction closed on February 6, 2025.
Deals & Cases
January 27, 2025
The Aquarion Water Authority’s $2.4 Billion Acquisition of Aquarion Water Company from Eversource Energy
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 23, 2024
Cencora, Inc.’s $1.8 Billion Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $1.8 billion registered senior notes offering of Cencora, Inc., a leading global pharmaceutical solutions organization centered on improving the lives of people and animals around the world. The transaction closed on December 9, 2024.
Deals & Cases
December 22, 2024
Bendix’s Divestiture of R.H. Sheppard to an Affiliate of Balmoral
On December 20, 2024, Bendix Commercial Vehicle Systems LLC (“Bendix”), a North American subsidiary of Knorr-Bremse, announced the company finalized the sale of its wholly owned subsidiary, R.H. Sheppard Co., Inc. (“R.H. Sheppard”), to an affiliate of Balmoral Funds LLC (“Balmoral”), a Los Angeles-based private equity firm. The transaction encompasses the entire Sheppard business, including Sheppard’s branded products, production equipment, sales and service companies, and interests in joint ventures relating to sales and production. Cravath is representing Bendix in connection with the transaction.
Deals & Cases
December 19, 2024
TUI Cruises GmbH’s High‑Yield Senior Notes Offering
Cravath represented the initial purchasers in connection with the €375 million 144A/Reg. S high‑yield senior notes offering of TUI Cruises GmbH, a leading German cruise operator. The notes were listed on The International Stock Exchange. The transaction closed on November 27, 2024.
Annmarie M. Terraciano is a senior attorney in Cravath’s Corporate Department. She advises the Firm’s clients on environmental matters relating to mergers and acquisitions, capital markets transactions, financings and other business transactions, as well as on environmental‑related proceedings and indemnification disputes. Ms. Terraciano also counsels companies on matters relating to Environmental, Social and Governance (“ESG”) concerns, including shareholder engagement, sustainability reporting and disclosure and diligence and integration matters.
Ms. Terraciano has worked on hundreds of transactions across all industries in the U.S. and internationally, including deals in heavy manufacturing; chemical production and refining; pulp and paper; iron and steel; mining; oil and gas exploration, refining, transport and services; power generation; pharmaceuticals; electronics; telecommunications; food and beverage production; consumer goods; insurance; commercial real estate and retail chains. She also provides counseling on environmental compliance matters; environmental proceedings; environmental indemnification disputes; and environmental aspects of periodic reporting obligations under securities laws.
Ms. Terraciano has been recognized for her transactional and regulatory work in the environmental area by, among others, Chambers USA, The Legal 500 US, The Best Lawyers in America and Super Lawyers.
Ms. Terraciano was born in New York. She received a B.A. cum laude from Wellesley College in 1989, an M.S. from the University of Wisconsin – Madison in 1994 and a J.D. from Columbia Law School in 1998, where she was a Harlan Fiske Stone Scholar and an Articles Editor of the Human Rights Law Review. Ms. Terraciano joined Cravath in 2001 and was elected a senior attorney in 2012. Prior to joining Cravath, she practiced environmental litigation at a law firm in New York.
Ms. Terraciano has worked on hundreds of transactions across all industries in the U.S. and internationally, including deals in heavy manufacturing; chemical production and refining; pulp and paper; iron and steel; mining; oil and gas exploration, refining, transport and services; power generation; pharmaceuticals; electronics; telecommunications; food and beverage production; consumer goods; insurance; commercial real estate and retail chains. She also provides counseling on environmental compliance matters; environmental proceedings; environmental indemnification disputes; and environmental aspects of periodic reporting obligations under securities laws.
Ms. Terraciano has been recognized for her transactional and regulatory work in the environmental area by, among others, Chambers USA, The Legal 500 US, The Best Lawyers in America and Super Lawyers.
Ms. Terraciano was born in New York. She received a B.A. cum laude from Wellesley College in 1989, an M.S. from the University of Wisconsin – Madison in 1994 and a J.D. from Columbia Law School in 1998, where she was a Harlan Fiske Stone Scholar and an Articles Editor of the Human Rights Law Review. Ms. Terraciano joined Cravath in 2001 and was elected a senior attorney in 2012. Prior to joining Cravath, she practiced environmental litigation at a law firm in New York.
Education
-
J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
-
M.S., 1994, University of Wisconsin - Madison
-
B.A., 1989, Wellesley Collegecum laude
Admitted In
- New York
Professional Affiliations
American Bar Association
New York City Bar Association
- Member of the Committee on International Environmental Law
Rankings
Best Lawyers in America
- Environmental Law (2025‑2010)
Chambers USA
- Environment: Mainly Transactional - New York (2024‑2012)
The Legal 500 US
- Environment: Transactional (2024-2017, 2015, 2014, 2013, 2011)
Super Lawyers - New York
- Environmental (2024‑2012)
Deals & Cases
February 20, 2025
Cleveland-Cliffs Inc.’s High‑Yield Senior Guaranteed Notes Offering
Cravath represented the initial purchasers in connection with the $850 million 144A/Reg. S high‑yield senior guaranteed notes offering of Cleveland‑Cliffs Inc., a leading North America‑based steel producer. The transaction closed on February 6, 2025.
Deals & Cases
January 27, 2025
The Aquarion Water Authority’s $2.4 Billion Acquisition of Aquarion Water Company from Eversource Energy
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 23, 2024
Cencora, Inc.’s $1.8 Billion Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $1.8 billion registered senior notes offering of Cencora, Inc., a leading global pharmaceutical solutions organization centered on improving the lives of people and animals around the world. The transaction closed on December 9, 2024.
Deals & Cases
December 22, 2024
Bendix’s Divestiture of R.H. Sheppard to an Affiliate of Balmoral
On December 20, 2024, Bendix Commercial Vehicle Systems LLC (“Bendix”), a North American subsidiary of Knorr-Bremse, announced the company finalized the sale of its wholly owned subsidiary, R.H. Sheppard Co., Inc. (“R.H. Sheppard”), to an affiliate of Balmoral Funds LLC (“Balmoral”), a Los Angeles-based private equity firm. The transaction encompasses the entire Sheppard business, including Sheppard’s branded products, production equipment, sales and service companies, and interests in joint ventures relating to sales and production. Cravath is representing Bendix in connection with the transaction.
Deals & Cases
December 19, 2024
TUI Cruises GmbH’s High‑Yield Senior Notes Offering
Cravath represented the initial purchasers in connection with the €375 million 144A/Reg. S high‑yield senior notes offering of TUI Cruises GmbH, a leading German cruise operator. The notes were listed on The International Stock Exchange. The transaction closed on November 27, 2024.
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