Akin has one of the foremost cross-border debt private placement practices in London. The team is led by the vastly experienced Barry Russell, who recently advised the largest lessor of regional aircraft in the world on its $6bn debt restructuring. The firm also has a strong issuer-side practice, led by Robert Aulsebrook, who oversees a group of US- and English-qualified lawyers. The experienced Mark Mansell also plays a key role in the team.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Excellent experience as investor-side counsel in the USPP market. As counsel to issuers in such USPP market, I find Akin responsive and constructive in such deals.’
Key clients
- PJSC LUKOIL
- PGIM Private Capital
- Voya Investment Management
- MetLife Investment Management
- Pension Insurance Corporation (PIC)
- Barings LLC
- Sun Life Capital Management (U.S.) LLC
Work highlights
- Advised an Ad Hoc Group of Digicel Creditors in relation to the consensual financial restructuring of Digicel Group Holdings Limited (DGHL), Digicel Limited, Digicel International Finance Limited and Digicel Holdings (Bermuda) Limited. Digicel is the leading provider of mobile phone networks and home entertainment services in 25 markets across the Caribbean, Central America and Asia Pacific.
- A lead role in the successful global chapter 11 restructuring of $6 billion in financial indebtedness of Nordic Aviation, the largest lessor of regional aircraft in the world. Nordic Aviation Capital’s aircraft leasing business was directly affected by the COVID-19 pandemic. The restructuring team represented the private placement noteholders (the largest creditor group) in 2020 in an Irish scheme of arrangement, and then in the subsequent balance sheet restructuring which was implemented through a Chapter 11 reorganisation in the US.
- Advised Pricoa in connection with the negotiation and drafting of a Shelf Facility with of CAP Holdings S.p.A., and an initial issuance of senior unsecured notes listed on the exchange.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Barry Russell