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Cravath’s London Office Moves to 100 Cheapside

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News & Insights

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

June 27, 2025

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.

The Cravath team included partners Andrew J. Pitts and C. Daniel Haaren and associates Benjamin B. Arcano, Laureano Genin and Weston James Barker on capital markets matters, and partner Arvind Ravichandran and associates Eduardo D. Jacobo and Ruth Goldstein Schapiro on tax matters. Catherine M. Crevecoeur also worked on capital markets matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax
  • Financial Services and Insurance

People

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
    C. Daniel Haaren
    Title
    Corporate
    Title
    Partner
    Email
    dhaaren@cravath.com
    Phone
    +1-212-474-1322
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      Education

      • J.D., 2012, New York University School of Law
        Order of the Coif, Pomeroy Scholar, magna cum laude
      • B.A., 2009, Duke University

      Admitted In

      • New York
      Photo
      Name
      Arvind Ravichandran
      Title
      Tax
      Title
      Partner
      Email
      aravichandran@cravath.com
      Phone
      +1-212-474-1033
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        Education

        • J.D., 2012, Columbia Law School
        • B.A., 2009, Columbia College

        Admitted In

        • New York

        Related News & Insights

        Deals & Cases

        November 18, 2025

        Ripple Labs, Inc.’s Private Placement of Class A Common Stock

        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

        Danaos Corporation’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 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

        Cleveland‑Cliffs Inc.’s High‑Yield Senior Guaranteed Notes Offering

        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

        Royal Caribbean Cruises Ltd.’s $1.5 Billion Registered Senior Notes Offering

        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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