Richard Pogrel > White & Case LLP > London, England > Lawyer Profile

‘Technically excellent as well as being very commercially aware‘, White & Case LLP continues to cement its place among the leading DCM groups in London, having successfully built on its presence in emerging markets and sovereign debt deals to create a fully rounded practice that handles standalone and MTN programmes, bank regulatory capital and corporate hybrids, private placements, project and green bonds, liability management, equity-linked instruments, and debt restructuring. ‘By far one of the best debt capital markets teams – smart, business-minded, focused and responsive‘, remarks a client. Standout partner Melissa Butler assisted Sweihan PV Power Company, the operator of the largest single-site solar project in the world, with its refinancing through the issuance of $700.8m in senior secured green bonds. Ian Clark represented the Ministry of Finance of Ukraine on a comprehensive liability management transaction that defers for two years Ukraine’s contractual obligation to make payments under approximately $25bn of bonds, GDP-linked warrants and sovereign-guaranteed debt obligations. Butler and the vastly experienced Stuart Matty acted for Bank Leumi in a $500m offering, which was the first  Rule 144A senior unsecured bond issued by an Israeli bank to international institutional investors. Richard Pogrel, who is ‘very strong in equity-linked deals‘, and Neha Saran advised Morgan Stanley on a $250m offering by Permanent TSB Group Holdings. Senior associate Anna Soroka also plays a central role in the practice.