Arnold & Porter
Arnold & Porter is a top-level adviser to sovereigns on high-value debt offerings, and its small London team - comprising lead partner Jeremy Willcocks, former US Executive Director of the World Bank Whitney Debevoise, who works in both Washington DC and London, and associate Kardia Leung - is involved in market-leading deals. Willcocks and Leung acted for the Republic of Turkey in sukuk offerings with a value in excess of $5.5bn. The whole London team acted for Hungary in its buy back of U.S. dollar-denominated foreign currency bonds maturing in 2023 and 2024 and the issuance of $4.25bn in new debt. The firm also counts Republic of Nigeria and Republic of Panama among its clients.
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Work highlights
Advised the Republic of Turkey on the $2.5 billion issuance of its 9.758% lease certificates due November 2025. This is the second Sukuk issue for the Republic of Turkey that the Firm has advised on in 2022.
Advised the Republic of Turkey in connection with its issuance of $3 billion 7.25% lease certificates due February 2027.
- Advised Hungary on its (i) buy back of U.S. dollar-denominated foreign currency bonds maturing in 2023 and 2024; and (ii) new issues of US $1,500,000,000 6.125% Notes due 2028, US $1,500,000,000 6.250% Notes due 2032 and US$1,250,000,000 6.750% Notes due 2052.
Lawyers
Leading individuals
Practice head
The lawyer(s) leading their teams.
Jeremy Willcocks