Cravath, Swaine & Moore LLP has a stellar reputation in New York law deals, in which it predominantly acts for corporate issuers in high-value bond offerings, though it is starting to handle a growing workload for underwriters. The firm has 'very strong technical and commercial knowledge of the market'. London managing partner Philip Boeckman and co-head of the EMEA capital markets practice George Stephanakis lead the high yield group, in which key partner Alyssa Caples has 'very strong knowledge, is always available, and manages transactions quietly and efficiently'. European counsel Margaret Rallings also plays a pivotal role in some of the firm's largest deals. Boeckman and Rallings acted for the initial purchasers of an €850m offering of 144A/Reg. S high yield senior secured notes offering for Loarre Investments, a portfolio company of CVC Funds, to fund the company's investment in LaLiga in exchange for an interest in media and TV rights. Caples assisted INEOS Finance with the offering of €400m and $425m in high yield senior secured notes.
Legal 500 Editorial commentary
Collated independently by Legal 500 research team.
‘Very strong technical and commercial knowledge of the market.’
‘Alyssa Caples - very strong knowledge, always available, manages transactions quietly and efficiently.’
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Philip J. Boeckman is a partner in Cravath’s Corporate Department and serves as Managing Partner of the Firm’s London office and Co-Head of the Capital Markets Practice for EMEA. His general corporate practice covers capital markets, including IPOs, rights issuances and other equity offerings, U.S. listings and high‑yield bridge, bond and other leveraged financings, as well as mergers and acquisitions.
Leading individuals
Alyssa K. Caples is a partner in Cravath’s Corporate Department, focusing on international corporate finance and mergers and acquisitions
George A. Stephanakis is a partner in Cravath’s Corporate Department and serves as Co-Head of the Firm’s Capital Markets practice for EMEA. His practice focuses on capital market transactions and mergers and acquisitions.
Next Generation Partners
Margaret R. M. Rallings serves as European counsel in Cravath’s Corporate Department. Her practice focuses on capital markets transactions, including cross-border high-yield debt and equity offerings, and mergers and acquisitions.
The lawyer(s) leading their teams.
Philip Boeckman, George Stephanakis