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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
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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
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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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        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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