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News & Insights

Celulosa Arauco y Constitución S.A.’s Sustainable Notes Offering

May 19, 2025

Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S sustainable notes offering of Celulosa Arauco y Constitución S.A., one of Latin America's largest forest plantation owners and one of the world's largest producers of pulp and wood products. The transaction closed on May 5, 2025. 

The Cravath team included partners Craig F. Arcella and Douglas Dolan, associate Daphne Fong and foreign associate attorney Luis A. Suarez del Real T. on capital markets matters; associate Ruth Goldstein Schapiro on tax matters; and senior attorney Annmarie M. Terraciano on environmental matters. 

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax
  • Environmental
  • Industrials and Chemicals

People

Photo
Name
Craig F. Arcella
Title
Corporate
Title
Partner
Email
carcella@cravath.com
Phone
+1-212-474-1024
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    Education

    • J.D., 1998, Columbia Law School
      Harlan Fiske Stone Scholar
    • B.A., 1995, Duke University

    Admitted In

    • New York
    Photo
    Name
    Douglas Dolan
    Title
    Corporate
    Title
    Partner
    Email
    ddolan@cravath.com
    Phone
    +1-212-474-1310
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      Education

      • J.D., 2014, New York University School of Law
        magna cum laude
      • B.A., 2011, Cornell University

      Admitted In

      • New York
      Photo
      Name
      Annmarie M. Terraciano
      Title
      Corporate
      Title
      Senior Attorney
      Email
      aterraciano@cravath.com
      Phone
      +1-212-474-1366
      vCard
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        Education

        • J.D., 1998, Columbia Law School
          Harlan Fiske Stone Scholar
        • M.S., 1994, University of Wisconsin - Madison
        • B.A., 1989, Wellesley College
          cum laude

        Admitted In

        • New York

        Related News & Insights

        Deals & Cases

        December 29, 2025

        Stewart Information Services Corporation’s Primary Common Stock Offering

        Cravath represented the underwriters in connection with the $148 million primary common stock offering of Stewart Information Services Corporation. Through its subsidiaries, Stewart Information Services Corporation provides title insurance and real estate transaction services. The transaction closed on December 12, 2025.

        Deals & Cases

        December 24, 2025

        Acushnet Company’s High‑Yield Senior Notes Offering

        Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S high‑yield senior notes offering of Acushnet Company, a wholly‑owned subsidiary of Acushnet Holdings Corp., a global leader in the design, development, manufacture and distribution of performance‑driven golf products. The transaction closed on November 24, 2025.

        Deals & Cases

        December 17, 2025

        Smurfit Westrock’s Registered Senior Notes Offerings

        Cravath represented the underwriters in connection with the $800 million registered senior notes offering of Smurfit Westrock Financing DAC and the €500 million registered senior notes offering of Smurfit Kappa Treasury Unlimited Company, each a wholly owned subsidiary of Smurfit Westrock plc, one of the world's largest integrated manufacturers of paper‑based packaging products. The notes are expected to be listed on Euronext Dublin. The transactions closed on November 21, 2025, and November 24, 2025, respectively.

        Deals & Cases

        December 16, 2025

        Graham Holdings Company’s Senior Notes Offering

        Cravath represented Graham Holdings Company in connection with its $500 million 144A/Reg. S senior notes offering. Graham Holdings Company is a diversified holding company whose operations include educational services, television broadcasting, manufacturing, healthcare, automotive dealerships and other businesses. The transaction closed on November 24, 2025.

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