Department profile
Cravath, Swaine & Moore LLP

Capital Markets: High-Yield Products

Global Guide 2026 : USA


Cravath, Swaine & Moore LLP

Rankings

About

Provided by Cravath, Swaine & Moore LLP

To learn about the Firm's practices, please visit https://www.cravath.com/practices.

Chambers Review

Provided by Chambers

Capital Markets: High-Yield Products - USA

Band 2

Band 2


What the Team is Known For
Cravath, Swaine & Moore LLP is experienced in handling high level matters for a significant book of issuer and underwriter clients. The firm is regularly sought for advice on complex or esoteric capital markets issues and gains recognition for its expertise in high-yield and investment grade debt offerings. An impressive equity practice arises out of strong links with institutional corporate clients, granting the team an enviable level of market awareness.

Work Highlights

Provided by Chambers

  • Cravath, Swaine & Moore LLP represented Aon North America, Inc. in its $6 billion registered senior notes offering.

Strengths

Provided by Chambers

  • The Cravath team are experts in their field, practical and do a great job in ensuring the deal gets completed in a timely manner.

    Capital Markets: High-Yield Products respondentGlobal
  • Cravath made a complex process run smoothly.

    Capital Markets: High-Yield Products respondentGlobal
  • Cravath are the all-star team. Not only do they give really well thought out legal advice but they are also commercial and quick to understand the elements we will be most focused on.

    Capital Markets: High-Yield Products respondentGlobal
  • The firm is always available and tremendously responsive with great relevant transaction expertise, attention to detail and partners who are always actively involved.

    Capital Markets: High-Yield Products respondentGlobal

Notable Practitioners

Provided by Chambers

  • Band 1Andrew J Pitts
    Band 1Andrew J Pitts

    Andrew J Pitts

    Andrew Pitts is skilled at handling major debt and equity transactions in a wide range of sectors, including financial services, energy and technology.
    • Andrew is phenomenal, he knows the law like the back of his hand and is really good at solving business problems.

      Capital Markets: High-Yield Products respondentGlobal
    • He is incredibly knowledgeable, experienced and very solutions-oriented.

      Capital Markets: High-Yield Products respondentGlobal
    • Andrew is a true master of his craft, his deep knowledge of the rules and regulations is unparalleled.

      Capital Markets: High-Yield Products respondentGlobal
    • He is a very good strategic thinker who provides very level-headed, rational advice.

      Capital Markets: High-Yield Products respondentGlobal
    • He's smart, thoughtful and can cut to key issues really quickly.

      Capital Markets: High-Yield Products respondentGlobal
  • Band 1Craig F Arcella
    Band 1Craig F Arcella

    Craig F Arcella

    Craig Arcella stands out for his expertise in issuer and underwriter representation, frequently advising on high value debt and equity offerings.
    • He is excellent, commercial and very smart.

      Capital Markets: High-Yield Products respondentGlobal
    • He is an amazing practitioner and super smart.

      Capital Markets: High-Yield Products respondentGlobal
  • Band 4Nicholas Dorsey
    Band 4Nicholas Dorsey

    Nicholas Dorsey

    Nicholas Dorsey frequently counsels high profile issuers and underwriters on capital markets transactions. Clients turn to him for his expertise on both stock and bond offerings.
    • He is very good at helping clients understand complex issues.

      Capital Markets: High-Yield Products respondentGlobal
    • Think Nicholas is fantastic, thoughtful, responsive and thorough. He is easy to talk to with a great bedside manner. He is sharp and detail-oriented.

      Capital Markets: High-Yield Products respondentGlobal
    • Nicholas stands out, he gives really good, specific advice and is also really accessible.

      Capital Markets: High-Yield Products respondentGlobal
  • Band 5Joseph D. Zavaglia
    Band 5Joseph D. Zavaglia

    Joseph D. Zavaglia

    Joseph Zavaglia is adept in the full span of debt and equity offerings, including high-yield transactions.
    • Joseph is good at pressing pause, understanding the facts and taking the best course of action.

      Capital Markets: High-Yield Products respondentGlobal
    • Joe is uniquely versatile in his ability to represent companies and lenders in strategic transactions and is a trusted counsel.

      Capital Markets: High-Yield Products respondentGlobal
    • Joseph is top-notch and delivers the best outcomes for his clients.

      Capital Markets: High-Yield Products respondentGlobal
    • Joseph never fails to impress and provide best in class service and partnership. I would be happy to have him as counsel on every deal.

      Capital Markets: High-Yield Products respondentGlobal
    • Joseph was a pleasure to work with and a trusted expert.

      Capital Markets: High-Yield Products respondentGlobal
  • USA, expertise based abroad in UKAlyssa Caples
    USA, expertise based abroad in UKAlyssa Caples

    Alyssa Caples

    Alyssa Caples is well regarded in the high-yield market for her representation of issuers and investors in cross-border transactions.

  • USA, expertise based abroad in UKPhilip J Boeckman
    USA, expertise based abroad in UKPhilip J Boeckman

    Philip J Boeckman

    Philip Boeckman is co-head of Cravath's EMEA capital markets team. He advises global banking groups on high-yield bond issuances.

Ranked Individuals at Cravath, Swaine & Moore LLP (6)

USA

  • Profile image of Andrew J Pitts

    Andrew J Pitts

    Capital Markets: Debt & Equity: Eastern United States

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  • Profile image of Craig F Arcella

    Craig F Arcella

    Capital Markets: Debt & Equity: Eastern United States

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  • Profile image of Nicholas Dorsey

    Nicholas Dorsey

    Capital Markets: Debt & Equity: Eastern United States

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  • Profile image of Joseph D. Zavaglia

    Joseph D. Zavaglia

    Capital Markets: Debt & Equity: Eastern United States

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