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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

        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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