Skadden, Arps, Slate, Meagher & Flom (UK) LLP handles a diverse mix of high yield work for lenders and borrowers, private equity sponsors, issuers and underwriters, be it new issuance, bridge financings, leveraged acquisitions, refinancing or recapitalisations. The firm’s integrated M&A and finance practices make leveraged finance a key focus, though the London office is also able to advise on regulatory and compliance matters under both English and US law. European head of capital markets Danny Tricot oversees the firm’s high yield work, for which James McDonald is the standout partner. Tricot assisted Ashtead Group with a $750m notes offering, while McDonald acted for passenger and freight ferry operator Stena on a cash offer for $265m in notes. Pranav Trivedi, whose work includes IPOs, privatisations and cross-border M&A, also plays a key role in high yield bond offerings.
Key clients
- BBVA Securities Inc.
- BofA Securities, Inc.
- JAB Holdings B.V.
- Atlantica Sustainable Infrastructure plc
- BCP Securities, LLC
- MUFG Securities Americas Inc.
- Ashtead Group plc
- Iceland Foods
- Santander Investment Securities Inc
- Stena AB
Work highlights
- Advised Ashtead Group plc on a $750 million Rule 144A/Regulation S offering of 5.500% senior notes due 2032 by its subsidiary, Ashtead Capital, Inc.
- Advised Stena AB in connection with the cash tender offer by one of its subsidiaries, Stena International S.A., to purchase any and all of Stena International’s 5.75% senior secured notes due 2024, resulting in the purchase of $265 million of the notes.
- Represented BBVA Securities Inc., BofA Securities, Inc., Santander Investment Securities Inc., Scotia Capital (USA) Inc., BCP Securities, LLC, MUFG Securities Americas Inc., Rabo Securities USA, Inc. and SMBC Nikko Securities America, Inc. as initial purchasers in a $500 million Rule 144A/Regulation S high-yield offering of 7.750% senior notes due 2026 by Alsea.
Lawyers
Practice head
The lawyer(s) leading their teams.
Danny Tricot