North America - United States • Finance
Debevoise & Plimpton LLP
Debevoise & Plimpton LLP is best known for high-yield debt offerings connected to leveraged financings. It is primarily an issuer-side practice with much of it driven by private equity clients, such as Clayton, Dubilier & Rice, in financing their acquisitions. The firm is also noted for insurance and financial services sector transactions. Steven Slutzky is co-head of the capital markets group and a recognised expert in high-yield debt. Matthew Kaplan is chair of the corporate department and another experienced figure in high-yield. Both are based in New York.
Legal 500 Editorial commentary
Key clients
- Access Industries, Inc.
- agilon health
- American Coastal Insurance
- American International Group
- Ambac Assurance Corporation
- Antares Holdings LP
- BofA Securities, Inc.
- Booz Allen Hamilton
- Carlyle Group
- Clayton, Dubilier & Rice, LLC
- Core & Main Inc.
- Corebridge Financial Inc.
- Cornerstone Building Brands, Inc.
- DoubleVerify
- Elliott
- Everest Re
- Fifth Wall Ventures Management, LLC
- Gogo, Inc.
- Goldman Sachs Group
- International Paper Company
- JetBlue Airways Corporation
- KKR
- LABL
- Lincoln Financial
- Manulife
- MBIA
- Morgan Stanley
- National Life Group
- Pacific Life Insurance Company
- Principal Financial Group
- Providence Equity Partners
- Prudential Plc
- Spirit Airlines
- The Teachers Insurance and Annuity Association (TIAA)
- Voya Financial
- Warner Bros. Discovery, Inc.
- Warner Music Group
- Westpac Banking Corporation
- WhiteCap
- Wm Morrison Supermarkets Limited
Work highlights
- Represented CD&R and LABL, Inc. in the offer and sale of $300m of 9.500% Senior Secured Notes due 2028.
- Advised Ambac Assurance Corporation in the mandatory partial redemption of its 8.50% Senior PIK Notes secured by certain interests in proceeds of certain litigation due 2055.
- Advised Spirit Airlines on its $600m secured notes offering, backed by assets and intellectual property of Spirit’s Free Spirit and Spirit Saver$ Club programs.
Lawyers
Leading lawyers
Practice head
The lawyer(s) leading their teams.
Paul Rodel, Steven Slutzky