Milbank
At Milbank, 'the team is very knowledgeable and very willing to help find the best solutions in a complex financing'. Clients praise the firm's 'in-depth knowledge of the derivatives framework, efficient communication, and problem solving'. Lead partner James Warbey is an acknowledged derivatives expert and he recently worked with associate Adrian Kwok to assist Athens International Airport S.A. with its issuance of more than €1.1bn in bond loans, which required extensive hedging arrangements. Key partner Claire Bridcut handles bespoke structured lending deals, together with portfolio total return and credit default swaps. For National Bank of Greece and Piraeus Bank, special counsel Robert Wyse-Jackson assisted Warbey with complex hedging arrangements in connection with the €680m financing for the development and expansion of the Skouries gold minimum project in Greece.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team has shown themselves to be very knowledgeable and very willing to help find the best solutions in a complex financing.’
'Very good knowledge of the required documents, understanding on customers needs and proposals are focusing on satisfaction of customer, quick response to customers' queries and generally efficient communication with customer and counterparties.'
'In-depth knowledge of derivative framework and particular issues, efficient communication, problem solving.'
Key clients
- Athens International Airport S.A.
- Fibre Networks Ireland Limited
- Green Investment Group (Macquarie Asset Management) and Norsk Hydro ASA
- National Bank of Greece S.A. and Piraeus Bank S.A.
- PT Amman Mineral Nusa Tengarra
- NBC Capital and Dara Aviation Finance Limited
- JBIC, KEXIM, BNP Paribas Fortis SA/NV, Mizuho Bank, Ltd. and SCB
- Pimco
- Citibank N.A.
- DBS Bank, Bank Mandiri, CIMB Bank, ANZ Bank
- Standard Chartered, Japan Bank for International Corporation, NEXI, The International Finance Corporation, Egyptian commercial banks, the International Finance Corporation, Sumitomo Mitsu Banking Corporation, Sumitomo Mitsui Trust Bank Limited (London Branch) and Gulf International Bank
Work highlights
- Advised a consortium of lenders and hedge providers in connection with a US$800 million finance package to support the construction and operation of the 505MW Amunet wind farm– the largest wind farm in Egypt, which will help reduce Egypt's carbon footprint by 1.7 million tons of greenhouse gases annually.
- Advised Athens International Airport S.A. in relation to the derivatives aspects of its issuance of over €1.1 billion bond loans made available to it for the management and operation of Athens International Airport.
- Advised Pimco in connection with its exposure to Russian CDS contracts in relation to the default by the Russian Federation of interest payments under its sovereign bonds.
Lawyers
Leading individuals
Practice head
The lawyer(s) leading their teams.
James Warbey