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- Acted on behalf of a large UK bank in the restructuring of their £50 billion EMTN Programme. As counsel to the bank we restructured the programme to permit certain changes, including the issuance of a new type of note. The transaction was unique in that we had to assess whether various noteholder approvals were necessary for implementation.
- Advised one of the largest residential and commercial property owners in the UK in refinancing its term facility through the issuance of approximately £200 million of bonds privately placed. The transaction was unique in that we advised on setting up and running a very detailed private placement auction process to appoint the financial advisor.
- Acted on behalf of a large Italian corporate in the restructuring of their £300 million EMTN Programme. As counsel to the bank we restructured the programme to permit certain changes, including the issuance of a new type of note. The transaction was unique in that we had to conduct a series of contested noteholder meetings approving the changes necessary.
- Acted on behalf of a large UK private equity house in the private placement of approximately Euro 240 million asset-backed bonds to finance an Indian hydro-electricity plant. As a U.S. investor, there were numerous tax issues that impacted on the structure of the transaction.
- Advised a large German bank, as arranger, in the issuance of approximately U.S. $100 million of bonds issued on a private placement basis. The bonds were sold in the United States.
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