Cravath’s London Office Moves to 100 Cheapside
Cravath represented the initial purchasers, led by Morgan Stanley, Barclays, Citigroup, Deutsche Bank Securities, Bank of America Merrill Lynch, HSBC, J.P. Morgan Securities and UniCredit Capital Markets, in connection with the $3.95 billion 144A/Reg. S senior notes offering of Baker Hughes, a GE company, and Baker Hughes Co‑Obligor, Inc. Baker Hughes is a leading supplier of oilfield services, products, technology and systems. Cravath also represented the dealer managers in connection with concurrent debt self‑tender offers by Baker Hughes. The transaction closed on December 11, 2017.
The Cravath team included partners Andrew J. Pitts and D. Scott Bennett and associates Major C. McCargo and Sean M. Linnehan on securities matters; senior attorney Annmarie M. Terraciano on environmental matters; and associate Damien J. Rose and foreign associate attorney Jean‑Baptiste Frantz on tax matters. D. Ryan Hart also worked on securities matters.
Deals & Cases
December 01, 2025
Cravath represented the underwriters in connection with the $500 million registered senior notes offering of Polaris Inc. Polaris Inc. designs, engineers, manufactures and markets powersport vehicles and also designs and manufactures or sources parts, garments and accessories. The transaction closed on November 13, 2025.
Deals & Cases
December 01, 2025
Cravath represented the underwriters in connection with the $900 million registered senior notes offering of The Mosaic Company, the world’s leading producer and marketer of concentrated phosphate and potash crop nutrients. The transaction closed on November 13, 2025.
Deals & Cases
November 26, 2025
Cravath represented the underwriters in connection with the $500 million registered notes offering of Howmet Aerospace Inc., a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The transaction closed on November 12, 2025.
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.
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