Cravath, Swaine & Moore LLP
Clients praise the capital markets team at Cravath, Swaine & Moore LLP for its 'availability, profound legal knowledge, and practical approach'. The firm is best known for its high yield work, though it also investment grade bond issuance for corporates and sovereigns. Co-heads of the EMEA capital markets practice Philip Boeckman has 'a very good understanding of clients' needs', and George Stephanakis are the key partners. European counsel Lawrence Verhelst, who acts for corporate and sovereign issuers and financial institutions, has 'very solid US law knowledge and a practical approach to solving legal issues'. Boeckman and Verhelst recently acted for European Investment Bank in six registered notes offerings with a total value of $25bn, including a $5bn Climate Awareness Bond and a $4bn Sustainability Awareness Bond.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Philip Boeckman has very good economic understanding and understanding of client needs; he has the experience and practical approach to solve legal issues.'
'Lawrence Verhelst has a very good understanding of the client environment and circumstances; very solid US law knowledge; he always takes a practical approach to solve legal issues.’
- 'Very high level of partner involvement - they are very familiar with the specific issues relevant in the various European countries.'
- 'We work with Philip Boeckman on a regular basis. What makes him outstanding is his quick understanding of questions at hand and his low key, emphatic way how to explain issues to clients and getting parties to agree.'
Key clients
- British American Tobacco
- Casino Group
- European Investment Bank
- Prosus
- RELX Capital
- Sappi
Work highlights
- Represented the European Investment Bank (“EIB”) in six registered notes offerings totalling $25 billion since January 2022.
- Represented B.A.T Capital Corporation and B.A.T. International Finance p.l.c. in three registered notes offerings totalling $3.1 billion.
- Represented RELX Capital Inc. in its $500 million registered notes offering.
Practice head
The lawyer(s) leading their teams.
Philip Boeckman, George Stephanakis