Latham & Watkins

Latham & Watkins maintains the largest high yield bond practice in London, comprised of ‘smart, responsive and efficient experts who offer practical and timely advice and work tirelessly to help you achieve your goals’. The firm had a role in almost 60% of the high yield issuances in Europe in 2022, though its work is not limited to new bond offerings. Practice head Brett Cassidy and newly promoted partner Pat Kwak recently acted for deal managers including Credit Suisse and BofA Securities on an £237m exchange offer – one of the first in Europe for several years – as part of its growing volume of liability management work. Jennifer Engelhardt and Matthew Schneider assisted IK Investment with obtaining committed bridge financing and the subsequent take-out via a €350m notes issuance in connection with its acquisition of Renta Group Oy. The highly regarded Francesco Lione handled a £475m offering for Zenith; and Scott Colwell handled STADA’s €1.38bn exchange offer on behalf of dealer managers. ‘The individuals are always available almost at any time, and come back quickly with professional answers to any question’, remarks one client.