Vantage Drilling International’s High‑Yield First Lien Secured Notes Offering
December 05, 2018
Cravath represented the initial purchasers, led by Credit Suisse, Clarksons Platou Securities AS and Pareto Securities AS, in connection with the $350 million 144A/Reg. S high‑yield first lien secured notes offering of Vantage Drilling International (“Vantage”), an international offshore drilling company. Proceeds of the offering will be used to repay all of Vantage’s obligations under, and to terminate, its existing first lien credit agreement, to redeem all of its outstanding second lien notes, to finance the remaining amounts due in connection with its acquisition of a jackup rig and for general corporate purposes. The transaction closed on November 30, 2018.
The Cravath team included partner Craig F. Arcella and associates Holden K. Sumner and Caleb B. Rosser. William M. Heisey also worked on this matter.
Related Practices & Industries
People
- Photo
-
-
J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
-
B.A., 1995, Duke University
- New York
Education
Admitted In
Related News & Insights
Deals & Cases
December 01, 2025
Polaris Inc.’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $500 million registered senior notes offering of Polaris Inc. Polaris Inc. designs, engineers, manufactures and markets powersport vehicles and also designs and manufactures or sources parts, garments and accessories. The transaction closed on November 13, 2025.
Deals & Cases
December 01, 2025
The Mosaic Company’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $900 million registered senior notes offering of The Mosaic Company, the world’s leading producer and marketer of concentrated phosphate and potash crop nutrients. The transaction closed on November 13, 2025.
Deals & Cases
November 26, 2025
Howmet Aerospace Inc.’s Registered Senior Notes Offering
Cravath represented the underwriters in connection with the $500 million registered notes offering of Howmet Aerospace Inc., a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The transaction closed on November 12, 2025.
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.
