Cravath’s London Office Moves to 100 Cheapside
Doug Dolan focuses his practice on representing corporate issuers and investment banking firms in capital markets transactions, including initial public offerings, other equity financings and investment grade and high‑yield bond offerings. He also has significant experience representing clients in mergers and acquisitions, syndicated loan and direct lending transactions, public disclosure and general corporate matters.
Mr. Dolan’s corporate clients have included AerCap, Atlas Air, Biogen, Cable One, Canadian National Railway, Cincinnati Bell, Cox Communications, CyrusOne, Element Fleet Management, Enerflex, Forward Air, GuideWell, IBM, Johnson & Johnson, Kenvue, Minerals Technologies, Mylan, Occidental Petroleum, Rogers Communications and US Foods.
Notable work highlights include:
- IPOs for GrafTech International, Pactiv Evergreen and Reynolds Consumer Products, and other equity offerings for AerCap, Cable One, Credit Suisse, CyrusOne, GrafTech International, Kenvue, Mylan, Sabra Health Care REIT and US Foods
- Investment grade debt offerings for AerCap, Allergan, Analog Devices, Canadian National Railway, Celulosa Arauco y Constitución, Cox Communications, Credit Suisse, DowDuPont, Element Fleet Management, Enterprise Holdings, HP, Mars, Marvell Technology, Mylan, Occidental Petroleum, Rogers Communications, Symetra, TPG and United Rentals
- High‑yield debt offerings for Algonquin Power & Utilities, Axalta, Beacon Roofing Supply, Belron, Cable One, Cleveland‑Cliffs, Community Health Systems, CyrusOne, Enerflex, Entegris, Forward Air, goeasy, Graham Packaging, Hess Midstream, JPW Industries, Minerals Technologies, Neiman Marcus, Pactiv Evergreen, Taylor Morrison, TransDigm, US Foods, Xerox and Zayo Group
- Representing AerCap in its $30 billion acquisition of GE Capital Aviation Services
- Representing the initial purchasers in the $26 billion notes offering of Mars in connection with its pending acquisition of Kellanova—one of the largest investment grade offerings in history
- Representing Rogers Communications in its concurrent offerings of $7.05 billion and C$4.25 billion of senior notes—one of the largest debt offerings in Canadian history—in connection with its acquisition of Shaw Communications, and its pending C$7 billion equity investment from Blackstone
- Representing Occidental Petroleum in its $5 billion registered senior notes offering in connection with its acquisition of CrownRock
- Representing Kenvue and Johnson & Johnson in the $3.64 billion secondary offering and debt‑for‑equity exchange of Kenvue common stock held by Johnson & Johnson—the largest‑ever single debt-for-equity transaction
- Representing the initial purchasers in the €850 million and $1.1 billion debut high‑yield senior secured notes offering of Belron to finance the largest dividend recapitalization of all time
Mr. Dolan has been recognized by Chambers USA, The Legal 500 US and IFLR1000 for his work in capital markets and has been named to the Lawdragon 500 X – The Next Generation list. Mr. Dolan was selected to serve as a member of Law360’s Capital Markets Editorial Advisory Board in 2025.
Mr. Dolan is from Penn Valley, California. He received a B.A. from Cornell University in 2011 and a J.D. magna cum laude from New York University School of Law in 2014.
Mr. Dolan joined Cravath in 2014 and was elected a partner in 2021.
Notable work highlights include:
- IPOs for GrafTech International, Pactiv Evergreen and Reynolds Consumer Products, and other equity offerings for AerCap, Cable One, Credit Suisse, CyrusOne, GrafTech International, Kenvue, Mylan, Sabra Health Care REIT and US Foods
- Investment grade debt offerings for AerCap, Allergan, Analog Devices, Canadian National Railway, Celulosa Arauco y Constitución, Cox Communications, Credit Suisse, DowDuPont, Element Fleet Management, Enterprise Holdings, HP, Mars, Marvell Technology, Mylan, Occidental Petroleum, Rogers Communications, Symetra, TPG and United Rentals
- High‑yield debt offerings for Algonquin Power & Utilities, Axalta, Beacon Roofing Supply, Belron, Cable One, Cleveland‑Cliffs, Community Health Systems, CyrusOne, Enerflex, Entegris, Forward Air, goeasy, Graham Packaging, Hess Midstream, JPW Industries, Minerals Technologies, Neiman Marcus, Pactiv Evergreen, Taylor Morrison, TransDigm, US Foods, Xerox and Zayo Group
- Representing AerCap in its $30 billion acquisition of GE Capital Aviation Services
- Representing the initial purchasers in the $26 billion notes offering of Mars in connection with its pending acquisition of Kellanova—one of the largest investment grade offerings in history
- Representing Rogers Communications in its concurrent offerings of $7.05 billion and C$4.25 billion of senior notes—one of the largest debt offerings in Canadian history—in connection with its acquisition of Shaw Communications, and its pending C$7 billion equity investment from Blackstone
- Representing Occidental Petroleum in its $5 billion registered senior notes offering in connection with its acquisition of CrownRock
- Representing Kenvue and Johnson & Johnson in the $3.64 billion secondary offering and debt‑for‑equity exchange of Kenvue common stock held by Johnson & Johnson—the largest‑ever single debt-for-equity transaction
- Representing the initial purchasers in the €850 million and $1.1 billion debut high‑yield senior secured notes offering of Belron to finance the largest dividend recapitalization of all time
Mr. Dolan has been recognized by Chambers USA, The Legal 500 US and IFLR1000 for his work in capital markets and has been named to the Lawdragon 500 X – The Next Generation list. Mr. Dolan was selected to serve as a member of Law360’s Capital Markets Editorial Advisory Board in 2025.
Mr. Dolan is from Penn Valley, California. He received a B.A. from Cornell University in 2011 and a J.D. magna cum laude from New York University School of Law in 2014.
Mr. Dolan joined Cravath in 2014 and was elected a partner in 2021.
Education
-
J.D., 2014, New York University School of Lawmagna cum laude
-
B.A., 2011, Cornell University
Admitted In
- New York
Organizations
Law360
- Member, Editorial Advisory Board – Capital Markets, 2025
Rankings
Chambers USA
- Capital Markets: Debt & Equity - Nationwide (2021)
IFLR1000
- Capital Markets - US (2024)
Lawdragon
- 500 X – The Next Generation (2024, 2023)
The Legal 500 US
- Capital Markets: Debt Offerings (2023)
- Capital Markets: Equity Offerings (2023)
- Capital Markets: High-Yield Debt Offerings (2024)
Deals & Cases
May 19, 2025
Celulosa Arauco y Constitución S.A.’s Sustainable Notes Offering
Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S sustainable notes offering of Celulosa Arauco y Constitución S.A., one of Latin America's largest forest plantation owners and one of the world's largest producers of pulp and wood products. The transaction closed on May 5, 2025.
Deals & Cases
April 15, 2025
AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s Registered Fixed‑Rate Reset Junior Subordinated Notes Offering
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with its $500 million registered fixed‑rate reset junior subordinated notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes will be listed on the Irish Stock Exchange. The transaction closed on April 1, 2025.
Deals & Cases
April 15, 2025
goeasy Ltd.’s High‑Yield Senior Notes Offering
Cravath represented the initial purchasers in connection with the $400 million 144A/Reg. S high‑yield senior notes offering of goeasy Ltd., a leading full‑service provider of goods and alternative financial services that improve the lives of everyday Canadians. The transaction closed on April 1, 2025.
Deals & Cases
April 04, 2025
Rogers’ CDN$7 Billion Equity Investment from Blackstone
On April 4, 2025, Rogers Communications Inc. (“Rogers”) announced it has entered into a definitive agreement with funds managed by Blackstone, backed by leading Canadian institutional investors, for a CDN$7 billion equity investment. Under the terms of the transaction, Blackstone will acquire a non-controlling interest in a new Canadian subsidiary of Rogers that will own a minor part of the Rogers wireless network. Following the transaction, Blackstone will hold a 49.9% equity interest (with a 20% voting interest) in the new subsidiary. Rogers will maintain full operational control of its network and will include the financial results of the new subsidiary in its consolidated financial statements. At any time between the eighth and twelfth anniversaries of closing, Rogers will have the right to purchase Blackstone’s interest in the new subsidiary. Rogers intends to use the net proceeds from the transaction to repay debt. Cravath is representing Rogers as U.S. counsel in connection with the transaction.
Deals & Cases
April 02, 2025
Element Fleet Management Corp.’s Senior Notes Offering
Cravath represented Element Fleet Management Corp. in connection with its $650 million 144A/Reg. S senior notes offering. Element Fleet Management Corp. is the largest publicly traded pure‑play automotive fleet manager in the world. The transaction closed on March 25, 2025.
Activities
March 20, 2025
Law360 Selects Seven Cravath Partners for 2025 Editorial Advisory Boards
Seven Cravath partners were selected to serve on Law360’s 2025 Editorial Advisory Boards: Wes Earnhardt (Media & Entertainment), Brittany L. Sukiennik (Trials), Douglas Dolan (Capital Markets), Arvind Ravichandran (Tax Authority International), Jeffrey T. Dinwoodie (Banking), Adam M. Sanchez (Private Equity) and Benjamin G. Joseloff (International Trade). As Editorial Advisory Board members, they will provide feedback on Law360’s coverage and expert insight on how best to shape future coverage.
Publications
March 01, 2023
Matt Kelly and Doug Dolan Author Chapter for Thomson Reuters Practical Law’s Acquisition Finance Global Guide
Cravath partners Matthew M. Kelly and Douglas Dolan authored the United States chapter for Thomson Reuters Practical Law’s Acquisition Finance Global Guide, which was published in February 2023. The chapter provides a market overview and examines methods of acquisition, finance structure and procedures and other key issues relating to acquisition financing.
Doug Dolan focuses his practice on representing corporate issuers and investment banking firms in capital markets transactions, including initial public offerings, other equity financings and investment grade and high‑yield bond offerings. He also has significant experience representing clients in mergers and acquisitions, syndicated loan and direct lending transactions, public disclosure and general corporate matters.
Mr. Dolan’s corporate clients have included AerCap, Atlas Air, Biogen, Cable One, Canadian National Railway, Cincinnati Bell, Cox Communications, CyrusOne, Element Fleet Management, Enerflex, Forward Air, GuideWell, IBM, Johnson & Johnson, Kenvue, Minerals Technologies, Mylan, Occidental Petroleum, Rogers Communications and US Foods.
Notable work highlights include:
- IPOs for GrafTech International, Pactiv Evergreen and Reynolds Consumer Products, and other equity offerings for AerCap, Cable One, Credit Suisse, CyrusOne, GrafTech International, Kenvue, Mylan, Sabra Health Care REIT and US Foods
- Investment grade debt offerings for AerCap, Allergan, Analog Devices, Canadian National Railway, Celulosa Arauco y Constitución, Cox Communications, Credit Suisse, DowDuPont, Element Fleet Management, Enterprise Holdings, HP, Mars, Marvell Technology, Mylan, Occidental Petroleum, Rogers Communications, Symetra, TPG and United Rentals
- High‑yield debt offerings for Algonquin Power & Utilities, Axalta, Beacon Roofing Supply, Belron, Cable One, Cleveland‑Cliffs, Community Health Systems, CyrusOne, Enerflex, Entegris, Forward Air, goeasy, Graham Packaging, Hess Midstream, JPW Industries, Minerals Technologies, Neiman Marcus, Pactiv Evergreen, Taylor Morrison, TransDigm, US Foods, Xerox and Zayo Group
- Representing AerCap in its $30 billion acquisition of GE Capital Aviation Services
- Representing the initial purchasers in the $26 billion notes offering of Mars in connection with its pending acquisition of Kellanova—one of the largest investment grade offerings in history
- Representing Rogers Communications in its concurrent offerings of $7.05 billion and C$4.25 billion of senior notes—one of the largest debt offerings in Canadian history—in connection with its acquisition of Shaw Communications, and its pending C$7 billion equity investment from Blackstone
- Representing Occidental Petroleum in its $5 billion registered senior notes offering in connection with its acquisition of CrownRock
- Representing Kenvue and Johnson & Johnson in the $3.64 billion secondary offering and debt‑for‑equity exchange of Kenvue common stock held by Johnson & Johnson—the largest‑ever single debt-for-equity transaction
- Representing the initial purchasers in the €850 million and $1.1 billion debut high‑yield senior secured notes offering of Belron to finance the largest dividend recapitalization of all time
Mr. Dolan has been recognized by Chambers USA, The Legal 500 US and IFLR1000 for his work in capital markets and has been named to the Lawdragon 500 X – The Next Generation list. Mr. Dolan was selected to serve as a member of Law360’s Capital Markets Editorial Advisory Board in 2025.
Mr. Dolan is from Penn Valley, California. He received a B.A. from Cornell University in 2011 and a J.D. magna cum laude from New York University School of Law in 2014.
Mr. Dolan joined Cravath in 2014 and was elected a partner in 2021.
Notable work highlights include:
- IPOs for GrafTech International, Pactiv Evergreen and Reynolds Consumer Products, and other equity offerings for AerCap, Cable One, Credit Suisse, CyrusOne, GrafTech International, Kenvue, Mylan, Sabra Health Care REIT and US Foods
- Investment grade debt offerings for AerCap, Allergan, Analog Devices, Canadian National Railway, Celulosa Arauco y Constitución, Cox Communications, Credit Suisse, DowDuPont, Element Fleet Management, Enterprise Holdings, HP, Mars, Marvell Technology, Mylan, Occidental Petroleum, Rogers Communications, Symetra, TPG and United Rentals
- High‑yield debt offerings for Algonquin Power & Utilities, Axalta, Beacon Roofing Supply, Belron, Cable One, Cleveland‑Cliffs, Community Health Systems, CyrusOne, Enerflex, Entegris, Forward Air, goeasy, Graham Packaging, Hess Midstream, JPW Industries, Minerals Technologies, Neiman Marcus, Pactiv Evergreen, Taylor Morrison, TransDigm, US Foods, Xerox and Zayo Group
- Representing AerCap in its $30 billion acquisition of GE Capital Aviation Services
- Representing the initial purchasers in the $26 billion notes offering of Mars in connection with its pending acquisition of Kellanova—one of the largest investment grade offerings in history
- Representing Rogers Communications in its concurrent offerings of $7.05 billion and C$4.25 billion of senior notes—one of the largest debt offerings in Canadian history—in connection with its acquisition of Shaw Communications, and its pending C$7 billion equity investment from Blackstone
- Representing Occidental Petroleum in its $5 billion registered senior notes offering in connection with its acquisition of CrownRock
- Representing Kenvue and Johnson & Johnson in the $3.64 billion secondary offering and debt‑for‑equity exchange of Kenvue common stock held by Johnson & Johnson—the largest‑ever single debt-for-equity transaction
- Representing the initial purchasers in the €850 million and $1.1 billion debut high‑yield senior secured notes offering of Belron to finance the largest dividend recapitalization of all time
Mr. Dolan has been recognized by Chambers USA, The Legal 500 US and IFLR1000 for his work in capital markets and has been named to the Lawdragon 500 X – The Next Generation list. Mr. Dolan was selected to serve as a member of Law360’s Capital Markets Editorial Advisory Board in 2025.
Mr. Dolan is from Penn Valley, California. He received a B.A. from Cornell University in 2011 and a J.D. magna cum laude from New York University School of Law in 2014.
Mr. Dolan joined Cravath in 2014 and was elected a partner in 2021.
Education
-
J.D., 2014, New York University School of Lawmagna cum laude
-
B.A., 2011, Cornell University
Admitted In
- New York
Organizations
Law360
- Member, Editorial Advisory Board – Capital Markets, 2025
Rankings
Chambers USA
- Capital Markets: Debt & Equity - Nationwide (2021)
IFLR1000
- Capital Markets - US (2024)
Lawdragon
- 500 X – The Next Generation (2024, 2023)
The Legal 500 US
- Capital Markets: Debt Offerings (2023)
- Capital Markets: Equity Offerings (2023)
- Capital Markets: High-Yield Debt Offerings (2024)
Deals & Cases
May 19, 2025
Celulosa Arauco y Constitución S.A.’s Sustainable Notes Offering
Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S sustainable notes offering of Celulosa Arauco y Constitución S.A., one of Latin America's largest forest plantation owners and one of the world's largest producers of pulp and wood products. The transaction closed on May 5, 2025.
Deals & Cases
April 15, 2025
AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s Registered Fixed‑Rate Reset Junior Subordinated Notes Offering
Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with its $500 million registered fixed‑rate reset junior subordinated notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes will be listed on the Irish Stock Exchange. The transaction closed on April 1, 2025.
Deals & Cases
April 15, 2025
goeasy Ltd.’s High‑Yield Senior Notes Offering
Cravath represented the initial purchasers in connection with the $400 million 144A/Reg. S high‑yield senior notes offering of goeasy Ltd., a leading full‑service provider of goods and alternative financial services that improve the lives of everyday Canadians. The transaction closed on April 1, 2025.
Deals & Cases
April 04, 2025
Rogers’ CDN$7 Billion Equity Investment from Blackstone
On April 4, 2025, Rogers Communications Inc. (“Rogers”) announced it has entered into a definitive agreement with funds managed by Blackstone, backed by leading Canadian institutional investors, for a CDN$7 billion equity investment. Under the terms of the transaction, Blackstone will acquire a non-controlling interest in a new Canadian subsidiary of Rogers that will own a minor part of the Rogers wireless network. Following the transaction, Blackstone will hold a 49.9% equity interest (with a 20% voting interest) in the new subsidiary. Rogers will maintain full operational control of its network and will include the financial results of the new subsidiary in its consolidated financial statements. At any time between the eighth and twelfth anniversaries of closing, Rogers will have the right to purchase Blackstone’s interest in the new subsidiary. Rogers intends to use the net proceeds from the transaction to repay debt. Cravath is representing Rogers as U.S. counsel in connection with the transaction.
Deals & Cases
April 02, 2025
Element Fleet Management Corp.’s Senior Notes Offering
Cravath represented Element Fleet Management Corp. in connection with its $650 million 144A/Reg. S senior notes offering. Element Fleet Management Corp. is the largest publicly traded pure‑play automotive fleet manager in the world. The transaction closed on March 25, 2025.
Activities
March 20, 2025
Law360 Selects Seven Cravath Partners for 2025 Editorial Advisory Boards
Seven Cravath partners were selected to serve on Law360’s 2025 Editorial Advisory Boards: Wes Earnhardt (Media & Entertainment), Brittany L. Sukiennik (Trials), Douglas Dolan (Capital Markets), Arvind Ravichandran (Tax Authority International), Jeffrey T. Dinwoodie (Banking), Adam M. Sanchez (Private Equity) and Benjamin G. Joseloff (International Trade). As Editorial Advisory Board members, they will provide feedback on Law360’s coverage and expert insight on how best to shape future coverage.
Publications
March 01, 2023
Matt Kelly and Doug Dolan Author Chapter for Thomson Reuters Practical Law’s Acquisition Finance Global Guide
Cravath partners Matthew M. Kelly and Douglas Dolan authored the United States chapter for Thomson Reuters Practical Law’s Acquisition Finance Global Guide, which was published in February 2023. The chapter provides a market overview and examines methods of acquisition, finance structure and procedures and other key issues relating to acquisition financing.
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