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News & Insights

Service Corporation International’s Registered High‑Yield Senior Notes Offering

October 01, 2024

Cravath represented the underwriters in connection with the $800 million registered high‑yield senior notes offering of Service Corporation International, North America's largest provider of deathcare products and services. The transaction closed on September 17, 2024.

The Cravath team included partner Craig F. Arcella and associates Maurice Temming and David M. Bales on capital markets matters, and partner Arvind Ravichandran and associate Josh Banafsheha on tax matters. Kenshin Cho also worked on capital markets matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax
  • Consumer Products and Services

People

Photo
Name
Craig F. Arcella
Title
Corporate
Title
Partner
Email
carcella@cravath.com
Phone
+1-212-474-1024
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    Education

    • J.D., 1998, Columbia Law School
      Harlan Fiske Stone Scholar
    • B.A., 1995, 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

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      Howmet Aerospace Inc.’s Registered Senior Notes Offering

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      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.

      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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