Cravath’s London Office Moves to 100 Cheapside
March 14, 2018
Cravath represented the initial purchasers, Goldman Sachs & Co. LLC and KKR, in connection with the $450 million 144A/Reg. S high‑yield senior secured notes offering of New Enterprise Stone & Lime Co., Inc., a privately held, vertically integrated construction materials supplier, heavy/highway construction contractor and national traffic safety equipment provider. The transaction closed on March 12, 2018.
The Cravath team included partner Bill Whelan, practice area attorney Janet L. Lewis and associates David J. Kohtz and Holden K. Sumner on securities matters; partner Tatiana Lapushchik and associate DongHwa Kim on banking matters; associates Cecily Xi and Rebecca L. Fine on tax matters; and senior attorney Annmarie M. Terraciano on environmental matters. Jiyeon K. Barta also worked on securities matters.
Deals & Cases
November 18, 2025
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
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
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
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.
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.
Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.