Clifford Chance is dedicated to offering a first class legal service on high yield and leveraged finance transactions in Europe and across the globe. The firm's pre-eminent banking and capital markets practices have enormous experience and depth of resource.
Our US securities and international finance team, working together with local law experts in our extensive network of offices, provides unparalleled advantages to initial purchasers, underwriters, trustees and issuers in connection with high yield and other debt and equity offerings and leveraged finance transactions.
Our European practice, with one of the one of the largest US securities and finance practices in London, including a dedicated trustee group, has a strong focus on cross-border transactions with experience in many jurisdictions, including the UK, Spain, Italy, Germany, France, Ireland, The Netherlands, Norway and Sweden, as well as Russia, Ukraine, Poland and a number of other emerging markets.
Our strong track record in Europe sets us apart from other law firms. Recent innovative high yield transactions include:
- Advising Focus Wickes on a high yield offering that created a new product called "mezzanine notes". This product provided investors with an enhanced security package and compensated the issuer by including an early redemption feature. This won Debt and Equity Deal of the Year in the IFLR 2004 awards.
- Advising Cableuropa S.A. on an offering that involved the issue of floating rate notes (FRNs), another new trend in the European market.