Cravath’s London Office Moves to 100 Cheapside
Cravath represented Ariston Holding N.V. in connection with its €802 million initial public offering of common stock. Ariston Holding N.V. is a global provider of sustainable comfort solutions for hot water and space heating. The shares were listed on Euronext Milan. The transaction closed on November 26, 2021.
The Cravath team included partner Philip J. Boeckman, European counsel Roberto Bruno and associate Lavinia M. Borzi on capital markets matters, partner Christopher K. Fargo and associate Duncan H. Hardell on tax matters, and practice area attorney Megan Y. Lew on regulatory matters. Cesar Albinana and Alessio D. D’Alessandro also worked on capital markets matters.
Deals & Cases
November 18, 2025
Cravath represented funds managed by affiliates of Brevan Howard in connection with an investment in Ripple Labs, Inc., consisting of a private placement of Class A Common Stock, as part of Ripple’s $500 million strategic investment at a $40 billion valuation, led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. The transaction closed on November 4, 2025.
Deals & Cases
October 31, 2025
Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S high‑yield senior notes offering of Danaos Corporation, a global shipping company that operates one of the world's largest fleets of containerships. The transaction closed on October 17, 2025.
Deals & Cases
October 27, 2025
Cravath represented the initial purchaser in connection with the $275 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 October 10, 2025.
Deals & Cases
October 15, 2025
Cravath represented the underwriters in connection with the $1.5 billion registered senior notes offering of Royal Caribbean Cruises Ltd., a global cruise company. The transaction closed on October 1, 2025.
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