Ropes & Gray LLP is known for its work on high-value and complex high yield financings for first-time and repeat issuer and underwriter clients. The London office is a key adviser to highly active issuers such as Liberty Global, as well as major investment banks, among them Citigroup, Deutsche Bank and Goldman Sachs. Michael Kazakevich, who is co-head of the firm’s global finance practice and co-chair of the firm’s investment banking industry group, acted for initial purchasers on Intrum AB’s €450m offering of senior fixed rate notes. Up-and-coming partner Aditya Khanna also worked on that deal. Key partner Robert Haak assisted VodafoneZiggo B.V. with a €2.1bn-equivalent cross-border sustainability-linked bond offering. London managing partner Jane Rogers worked with Haak on Liberty Global’s $924m debt buyback transaction.

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Key clients

Citigroup
Deutsche Bank
Goldman Sachs
JP Morgan
Morgan Stanley
NatWest
Skandinaviska Enskilda Banken (SEB)
Liberty Global plc (UPC Holding)
Liberty Latin America
VodafoneZiggo B.V.

Work highlights

Advised the initial purchasers, including Citigroup, Goldman Sachs Bank Europe SE, JP Morgan and SEB as joint global coordinators on Intrum AB’s successful €450 million offering of senior fixed rate notes due 2028.
Advised VZ Secured Financing B.V., a SPV entity in the VodafoneZiggo group, on their launched €2.1 billion-equivalent 10NC5 cross-border sustainability-linked bond offering.
Advised Liberty Latin America in connection with the largest sustainability-linked bond for the digital infrastructure sector in Costa Rica, involving a US$450 million financing package consisting of a US$50 million A loan and a US$400 million B loan/B-bond structure.