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News & Insights

Danaos Corporation’s High‑Yield Senior Notes Offering

February 25, 2021

Cravath represented the initial purchasers in connection with the $300 million 144A/Reg. S high‑yield senior notes offering of Danaos Corporation, an international owner of containerships which provides seaborne transportation services to the liner companies. The transaction closed on February 11, 2021.

The Cravath team included partners Philip J. Boeckman and Andrew J. Pitts and associates David Li, Lavinia M. Borzi and Connor F. O’Neill on capital markets matters, and partner Christopher K. Fargo and associates Duncan H. Hardell and Kyle R. Jorstad on tax matters. Alissa B. Fromkin also worked on tax matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • London
  • Tax
  • Transportation

People

Photo
Name
Philip J. Boeckman
Title
Corporate
Title
Partner
Email
pboeckman@cravath.com
Phone
+44-20-7453-1020
vCard
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    Education

    • J.D., 1991, University of Missouri Columbia School of Law
      Order of the Coif, magna cum laude
    • B.A., 1988, Westminster College
      cum laude

    Admitted In

    • New York
    Photo
    Name
    Andrew J. Pitts
    Title
    Corporate
    Title
    Partner
    Email
    apitts@cravath.com
    Phone
    +1-212-474-1620
    vCard
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      Education

      • M.B.A., 1995, Boston University
        with High Honors
      • J.D., 1994, Boston University School of Law
        summa cum laude
      • B.A., 1988, Trinity College

      Admitted In

      • New York
      Photo
      Name
      Christopher K. Fargo
      Title
      Tax
      Title
      Partner
      Email
      cfargo@cravath.com
      Phone
      +1-212-474-1236
      vCard
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        Education

        • J.D., 2006, Columbia Law School
          Harlan Fiske Stone; Michael Lynne Scholar
        • B.A., 2003, Boston College
          Honors Program, cum laude

        Admitted In

        • New York

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        Cravath represented the initial purchasers in connection with the $650 million 144A/Reg. S high‑yield senior notes offering of Compass Minerals International, Inc., a leading provider of essential minerals. The transaction closed on June 16, 2025.

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        June 27, 2025

        Fidelis Insurance Holdings Limited’s Fixed‑Rate Reset Subordinated Notes Offering

        Cravath represented the underwriters in connection with the $400 million fixed‑rate reset subordinated notes offering of Fidelis Insurance Holdings Limited, a global specialty insurer that leverages strategic partnerships to offer innovative and tailored insurance solutions. The transaction closed on June 13, 2025.

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        June 23, 2025

        Toll Brothers’ Registered Senior Notes Offering

        Cravath represented Toll Brothers Finance Corp. in connection with its $500 million registered senior notes offering, fully guaranteed by Toll Brothers, Inc. and certain of its subsidiaries. Toll Brothers Finance Corp. is an indirect wholly owned subsidiary of Toll Brothers, Inc., which designs, builds, markets, sells and arranges financing for an array of luxury residential homes and communities. The transaction closed on June 10, 2025.

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        The Goodyear Tire & Rubber Company’s Registered High‑Yield Senior Notes Offering

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