Cravath’s London Office Moves to 100 Cheapside
November 15, 2017
Cravath represented the initial purchasers, led by Deutsche Bank, Credit Suisse, UniCredit Bank and Crédit Agricole CIB, in connection with the €510 million 144A/Reg. S high‑yield fixed and floating rate senior secured notes offering of Takko Luxembourg 2 S.C.A., a subsidiary of the Takko Group, which is a leading European discount apparel retail group. Application will be made to The International Stock Exchange Authority Limited for listing of and permission to deal in the notes on the Official List of the International Stock Exchange. The transaction closed on November 9, 2017.
The Cravath team included partner Philip J. Boeckman and associates Bethany A. Pfalzgraf and Norman J. Walczak on securities matters, and partner Christopher K. Fargo and associate Dmitry Zelik on tax matters. Brian T. Bodensteiner 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.
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