Craig F. Arcella is a partner in Cravath’s Corporate Department and serves as Co-Head of the Finance Practice. Mr. Arcella represents financial institutions and corporate clients in a wide variety of matters, including investment grade, high‑yield and convertible bond offerings; liability management transactions; initial public offerings and other equity financings; syndicated loan and other leveraged finance transactions; and mergers and acquisitions. He also regularly advises companies with respect to governance, public disclosure and other corporate matters.
North America - United States • Finance
Cravath, Swaine & Moore LLP
Cravath, Swaine & Moore LLP has a reputation for advising on landmark and highly-complex debt offerings, including those linked to acquisitions and spin-off transactions. The wide-ranging practice covers investment grade, high-yield, convertible and exchangeable debt deals, with the team acting for issuers and underwriters. Ryan Patrone and Kelly Smercina were recently elected to the partnership, expanding the capital markets team’s senior ranks. It frequently advised blue-chip issuers along with the most active underwriters and initial purchasers in big-ticket offerings. Craig Arcella, Andrew Pitts and Nicholas Dorsey are top members of the team, with Michael Mariani making a further impression in investment grade debt offerings. William Fogg and Stephen Burns are also senior members of the practice. Named individuals are all based in New York.
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Key clients
- AerCap
- Booking
- Burlington Northern Santa Fe
- Crown Castle
- IBM
- Illumina
- Kenvue
- Nestlé
- Northrop Grumman
- Qualcomm
- Weyerhaeuser
Work highlights
- Represented the underwriters in fivenotes offerings of JPMorgan Chase aggregating $15.25bn.
- Represented Kenvue in its $7.75bn notes offering in connection with its separation from Johnson & Johnson.
- Represented the underwriters in the $3.25bn notes offering of L3Harris Technologies to finance its acquisition of Aerojet Rocketdyne.
Lawyers
Hall of Fame
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Leading lawyers
Andrew J. Pitts is a partner in Cravath’s Corporate Department and serves as Head of the Firm’s Capital Markets Practice for North America. He has a significant corporate finance practice and advises clients on a broad range of corporate issues. Mr. Pitts is widely regarded in the legal community as exceptionally responsive and pragmatic with a wide range of experience addressing clients’ most complex legal issues.
Next Generation Partners
Nicholas A. Dorsey is a partner in Cravath’s Corporate Department. His practice primarily focuses on representing corporate issuers and borrowers, and financial institutions, lenders and other parties, in public and private offerings of securities, loan transactions and other financing transactions. He also represents companies in mergers and acquisitions and regularly advises clients in connection with public disclosure and corporate matters. Clients regularly seek Mr. Dorsey’s counsel for the practical, commercial advice he offers with respect to their most challenging matters.
Practice head
The lawyer(s) leading their teams.
Craig Arcella, William Fogg, Andrew Pitts