Milbank has carved out a prominent role in the European high yield market, in which it acts for both corporates and underwriting banks and is particularly well known for advising first-time issuers on bond deals and underwriters on LBOs. Rebecca Marques draws on vast experience of complex financings, leveraged buyouts and high yield bond restructurings. Ana Grbec is known for 'outstanding client service, and deep knowledge of the product and market trends'. Practice head Apostolos Gkoutzinis is regarded as a global thought leader on transactions involving Greek banks and issuers. He assists initial purchasers with debut offerings of bonds for financings, including in the oil and gas sector.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Ana Grbec – outstanding client service, deep knowledge of the product and market trends.'

Key clients

  • Kier Group
  • Saipem SpA
  • Together Financial Services Limited
  • Jaguar Land Rover Automotive plc
  • Public Power Corporation S.A.
  • Allwyn
  • Canary Wharf Group
  • PeopleCert Wisdom Issuer plc
  • Goldman Sachs
  • BNP Paribas
  • HSBC Bank plc
  • Morgan Stanley
  • Citigroup
  • BofA
  • JP Morgan
  • ION
  • Frigoglass

Work highlights

  • Represented the initial purchasers in connection with Ardonagh Finco Ltd’s offerings of $750m senior secured notes due 2031 and €500m senior secured notes due 2031 and Ardonagh Group Finance Ltd’s offering of $1bn senior notes due 2032.
  • Represented the initial purchasers and lenders in connection with (i) the debut offering by Borr IHC Ltd, Borr Finance LLC and certain other subsidiaries of NYSE and Oslo Stock Exchange-listed Borr Drilling Ltd of $1,025m in an aggregate principal amount of senior secured notes due 2028 and $515m in an aggregate principal amount of senior secured notes due 2030 and (ii) a $180m multi-currency super senior revolving credit facility.
  • Represented the initial purchasers and lenders in connection with the debut offering by Benteler International AG of €525m of 9.375% senior secured notes due 2028 and $500m 10.500% senior secured notes due 2028, in parallel to the provision of an €810m term loan and a €250m revolving credit facility.

Lawyers

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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.

Apostolos Gkoutzinis

Other key lawyers

Rebecca Marques, Ana Grbec