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News & Insights

Lazard’s Registered Debt Offering and Tender Offer

November 14, 2013

Cravath represented Lazard in connection with its US$500 million registered offering of senior notes due 2020. Lazard is one of the world’s preeminent financial advisory and asset management firms. The transaction closed on November 14, 2013.

In addition, Cravath represented Lazard in connection with its related debt tender offer.

The Cravath team included partner Erik R. Tavzel and associates John C. Duffy, Michael Saliba, Edward J. Reed and Jennifer L. Tanaka on corporate matters and associates Joanne J. Lee and Jason A. Sacks on tax matters. Matthew M. Kelly also worked on corporate matters.

Related Practices & Industries

  • Corporate
  • Tax
  • Financial Services and Insurance

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.

Cravath Bicentennial

Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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