Cravath’s New York Office Moves to Two Manhattan West
Clients rely on Cravath’s London office for our unparalleled reputation for excellence in legal services and the depth of our U.S. bench, which is one of the largest in London. Our London‑based lawyers include UK-qualified attorneys who advise clients across Europe, Africa, the Middle East and Asia on both the bank and bond aspects of European and cross‑border financings. Our diversified corporate practice encompasses the full spectrum of U.S. and cross‑border bank and bond financings; mergers and acquisitions; regulatory and SEC compliance matters; restructurings; investigations; and general corporate matters.
Our capital markets practice is distinctive for its balanced representation of both corporate issuers and investment banks in connection with high‑yield and investment grade bond offerings, IPOs and other equity offerings, both on an SEC‑registered basis as well as pursuant to Rule 144A and Regulation S. We also represent financial institutions and alternative lenders, corporate borrowers and private equity sponsors in a wide range of bank and credit transactions, including leveraged and investment grade bridge and acquisition financings, direct lending transactions and distressed financings.
Cravath is ranked among the leading law firms in London by Chambers UK, The Legal 500 UK and IFLR1000 UK. Our London‑based partners are widely recognized for their expertise and the quality of their counsel, and regularly receive individual honors. Our work with large multinational and international companies, many of whom have retained us from their inception, has enabled us to develop a uniquely broad-based practice.
Our London office regularly handles the type of complex, novel and high-profile transactions that form the core of Cravath’s specialty and strength. We have led many of the largest high‑yield bond financings in Europe and the first buyouts in France and Italy financed primarily with high-yield bonds in addition to introducing “pay-in-kind” (PIK) instruments in Europe and advising on the first out-of-court restructuring of high‑yield bonds issued by a European company. Cravath’s London lawyers have also advised on many significant recent acquisition financings and cross‑border deals, creating new global leaders and transforming industries. We are also among a select group of legal advisors internationally, leading IPOs of companies based in Belgium, France, Germany, India, Israel, Italy, the Netherlands, Spain, Switzerland and the United Kingdom, among others.
Many of our London-based attorneys have multiple language fluencies to better assist international clients and foreign counsel in our global practice. In addition, we work closely with the leading law firms in other jurisdictions, enhancing our global reach to address our clients’ needs wherever they may arise.
Cravath has a rich, century-long legacy of commitment to Europe and has maintained a dedicated London office and team since 1973, after opening an office in Paris first in 1927. Paul D. Cravath was made an Honorary Bencher of Gray’s Inn, one of the four Inns of Court, and the Firm acted as U.S. legal advisor in the formation of the European Coal and Steel Community, the precursor to the European Union.
Our capital markets practice is distinctive for its balanced representation of both corporate issuers and investment banks in connection with high‑yield and investment grade bond offerings, IPOs and other equity offerings, both on an SEC‑registered basis as well as pursuant to Rule 144A and Regulation S. We also represent financial institutions and alternative lenders, corporate borrowers and private equity sponsors in a wide range of bank and credit transactions, including leveraged and investment grade bridge and acquisition financings, direct lending transactions and distressed financings.
Cravath is ranked among the leading law firms in London by Chambers UK, The Legal 500 UK and IFLR1000 UK. Our London‑based partners are widely recognized for their expertise and the quality of their counsel, and regularly receive individual honors. Our work with large multinational and international companies, many of whom have retained us from their inception, has enabled us to develop a uniquely broad-based practice.
Our London office regularly handles the type of complex, novel and high-profile transactions that form the core of Cravath’s specialty and strength. We have led many of the largest high‑yield bond financings in Europe and the first buyouts in France and Italy financed primarily with high-yield bonds in addition to introducing “pay-in-kind” (PIK) instruments in Europe and advising on the first out-of-court restructuring of high‑yield bonds issued by a European company. Cravath’s London lawyers have also advised on many significant recent acquisition financings and cross‑border deals, creating new global leaders and transforming industries. We are also among a select group of legal advisors internationally, leading IPOs of companies based in Belgium, France, Germany, India, Israel, Italy, the Netherlands, Spain, Switzerland and the United Kingdom, among others.
Many of our London-based attorneys have multiple language fluencies to better assist international clients and foreign counsel in our global practice. In addition, we work closely with the leading law firms in other jurisdictions, enhancing our global reach to address our clients’ needs wherever they may arise.
Cravath has a rich, century-long legacy of commitment to Europe and has maintained a dedicated London office and team since 1973, after opening an office in Paris first in 1927. Paul D. Cravath was made an Honorary Bencher of Gray’s Inn, one of the four Inns of Court, and the Firm acted as U.S. legal advisor in the formation of the European Coal and Steel Community, the precursor to the European Union.
Deals & Cases
June 14, 2024
Cravath represented the European Investment Bank in connection with its $1 billion registered SOFR floating rate notes offering. The purpose of the European Investment Bank is to contribute to the balanced and steady development of the internal market among Member States of the European Union. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on May 30, 2024.
Deals & Cases
June 11, 2024
Cravath represented the initial purchasers in connection with the €600 million and $750 million 144A/Reg. S high‑yield senior secured notes offering and the €150 million and $200 million 144A/Reg. S high‑yield additional senior secured notes offering of Iliad Holding S.A.S. (“Iliad”), a leading European telecommunications provider. The notes were listed on The International Stock Exchange. The transactions closed on May 14, 2024, and May 16, 2024, respectively.
Deals & Cases
May 14, 2024
Cravath represented the placement agent in connection with the €1 billion private placement of senior secured notes of Grifols, S.A., a global healthcare company leading in essential plasma‑derived medicines and transfusion medicine. The transaction closed on April 30, 2024.
Deals & Cases
May 13, 2024
Cravath represented the initial purchasers in connection with the $2.75 billion 144A/Reg. S senior green notes offering of Smurfit Kappa Treasury Unlimited Company, a wholly owned subsidiary of Smurfit Kappa Group plc, one of the world’s largest integrated manufacturers of paper‑based packaging products, with operations in Europe, Latin America, the United States and Canada. The notes were listed on the Global Exchange Market. The transaction closed on April 3, 2024.
Deals & Cases
May 13, 2024
Cravath represented the initial purchasers in connection with the €350 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 April 24, 2024.
Accolades
June 28, 2024
On June 26, 2024, Cravath partner Alyssa K. Caples was honored at the 2024 Women in Business Law Awards for Europe, Middle East, and Africa, which were presented by the International Financial Law Review, the International Tax Review, Managing IP and Benchmark Litigation, in London. Alyssa received the 2024 “Debt Capital Markets Lawyer of the Year” award. The awards recognize the “individuals who stand out as leaders amongst their peers and who have been instrumental to innovative approaches in their field.”
Firm News
June 28, 2024
Cravath has elected the following new partner, who will become a member of the Firm on July 1, 2024:
Accolades
June 28, 2024
On June 25, 2024, Cravath partner Philip J. Boeckman was named for the third consecutive year to India Business Law Journal’s 2024 “International A‑List.” The list recognizes the “leading international advisers who are key for getting deals done in India,” as nominated primarily by lawyers at Indian law firms.
Activities & Publications
June 25, 2024
Cravath partner Nicholas A. Dorsey served as the co‑editor of the 2024 edition of the Chambers Acquisition Finance Guide, which is part of the publisher’s Global Practice Guide series. Nick also co‑authored, along with Cravath partners Ryan J. Patrone and Kelly M. Smercina and European Counsel Margaret R. M. Rallings, the U.S. chapter of the guide.
Activities & Publications
June 20, 2024
In June 2024, Cravath launched the inaugural issue of its Alumni Journal, a digital publication dedicated to highlighting the vibrancy of the Firm’s global alumni community. In each edition, the Journal will feature stories from Cravath alumni at various stages of their careers; updates from across the Firm’s New York, London and Washington, D.C. offices; insights into pro bono and other Firm partnerships; and facts and stories from the Firm’s more than 200-year history.
Deals & Cases
June 14, 2024
Cravath represented the European Investment Bank in connection with its $1 billion registered SOFR floating rate notes offering. The purpose of the European Investment Bank is to contribute to the balanced and steady development of the internal market among Member States of the European Union. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on May 30, 2024.
Deals & Cases
June 11, 2024
Cravath represented the initial purchasers in connection with the €600 million and $750 million 144A/Reg. S high‑yield senior secured notes offering and the €150 million and $200 million 144A/Reg. S high‑yield additional senior secured notes offering of Iliad Holding S.A.S. (“Iliad”), a leading European telecommunications provider. The notes were listed on The International Stock Exchange. The transactions closed on May 14, 2024, and May 16, 2024, respectively.
Deals & Cases
May 14, 2024
Cravath represented the placement agent in connection with the €1 billion private placement of senior secured notes of Grifols, S.A., a global healthcare company leading in essential plasma‑derived medicines and transfusion medicine. The transaction closed on April 30, 2024.
Deals & Cases
May 13, 2024
Cravath represented the initial purchasers in connection with the $2.75 billion 144A/Reg. S senior green notes offering of Smurfit Kappa Treasury Unlimited Company, a wholly owned subsidiary of Smurfit Kappa Group plc, one of the world’s largest integrated manufacturers of paper‑based packaging products, with operations in Europe, Latin America, the United States and Canada. The notes were listed on the Global Exchange Market. The transaction closed on April 3, 2024.
Deals & Cases
May 13, 2024
Cravath represented the initial purchasers in connection with the €350 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 April 24, 2024.
Accolades
June 28, 2024
On June 26, 2024, Cravath partner Alyssa K. Caples was honored at the 2024 Women in Business Law Awards for Europe, Middle East, and Africa, which were presented by the International Financial Law Review, the International Tax Review, Managing IP and Benchmark Litigation, in London. Alyssa received the 2024 “Debt Capital Markets Lawyer of the Year” award. The awards recognize the “individuals who stand out as leaders amongst their peers and who have been instrumental to innovative approaches in their field.”
Firm News
June 28, 2024
Cravath has elected the following new partner, who will become a member of the Firm on July 1, 2024:
Accolades
June 28, 2024
On June 25, 2024, Cravath partner Philip J. Boeckman was named for the third consecutive year to India Business Law Journal’s 2024 “International A‑List.” The list recognizes the “leading international advisers who are key for getting deals done in India,” as nominated primarily by lawyers at Indian law firms.
Activities & Publications
June 25, 2024
Cravath partner Nicholas A. Dorsey served as the co‑editor of the 2024 edition of the Chambers Acquisition Finance Guide, which is part of the publisher’s Global Practice Guide series. Nick also co‑authored, along with Cravath partners Ryan J. Patrone and Kelly M. Smercina and European Counsel Margaret R. M. Rallings, the U.S. chapter of the guide.
Activities & Publications
June 20, 2024
In June 2024, Cravath launched the inaugural issue of its Alumni Journal, a digital publication dedicated to highlighting the vibrancy of the Firm’s global alumni community. In each edition, the Journal will feature stories from Cravath alumni at various stages of their careers; updates from across the Firm’s New York, London and Washington, D.C. offices; insights into pro bono and other Firm partnerships; and facts and stories from the Firm’s more than 200-year history.
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Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
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