England - London • Finance

Slaughter and May

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Slaughter and May has 'a strong team that has a good knowledge of the market'. The firm is a market-leading adviser to issuer clients, particularly those listed in the UK, on debt issuance. Indeed, over the last three years the firm has acted for more FTSE250 issuer clients than any other firm. Its clients come from a vast range of sectors, and among them are pharma giant, GlaxoSmithKline, energy companies Drax and Norsk Hydro, and charity International Finance Facility for Immunisation (IFFIm). Newly appointed practice head Caroline Phillips has a strong financial institution issuer client base. She acted for Standard Chartered Plc on the update of its $77.5bn debt issuance programme. Matthew Tobin frequently assists Westpac Banking Corporation and its New Zealand-incorporated subsidiary, Westpac New Zealand Limited with DCM transactions. He also worked with key partners Edward Fife and Kevin Howes on IFFIm's £250m debt offering. Guy O’Keefe handled the update of Euroclear Bank's €20bn certificate of deposit programme. Robert Byk is 'a great negotiator' and emerging partner talent Charlie McGarel-Groves is 'very competent, knows the markets well and is pleasant to work with'.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'A strong team that has a good knowledge of the market.'
  • 'Robert Byk is a great negotiator.'
  • 'Charlie McGarel-Groves is very competent, knows the markets well and is pleasant to work with.'

Key clients

  • Aviva
  • BUPA
  • Diageo
  • GlaxoSmithKline
  • International Finance Facility for Immunisation
  • Just Group
  • Land Securities
  • Norsk Hydro
  • Santander
  • United Utilities
  • Westpac

Work highlights

  • Advised Aviva Plc on its first public issue of £500,000,000 Fixed Rate Restricted Tier 1 Notes.
  • Advised International Finance Facility for Immunisation in respect of an issuance of £250m three-year fixed rate vaccine bonds in July, which marked IFFIm’s first GBP issuance since 2009.
  • Advised Norsk Hydro ASA on the establishment of its EUR5bn Euro Medium Term Note Programme, including broad and innovative optionality to issue green notes and sustainability-linked notes in line with Hydro’s green and sustainability-linked financing framework

Lawyers

Leading individuals

Matthew Tobin

Slaughter and May

Partner; Matthew is Head of our Debt Capital Markets practice. He advises on a wide range of banking and financing work, including acquisition and bid financing, capital markets and securitisation transactions. Matthew also leads our Sustainable Finance practice which has advised on several green bonds issued by banks and multinationals and also green loans.

Practice head

The lawyer(s) leading their teams.

Caroline Phillips

Other key lawyers

Matthew Tobin, Kevin Howes, Peaches Stanforth, Edward Fife, Guy O’Keefe, Robert Byk, Charlie McGarel-Groves