Recent events have demonstrated the continued importance of capital markets as a source of financing for governments and businesses. The EU continues to encourage the use of capital markets through its Capital Markets Union project. As geopolitical, legal and regulatory conditions continue to change apace, market participants need foresight and fresh thinking from their advisors.
Our debt capital markets and listings team includes Irish and English qualified lawyers, who have national and international private practice and in-house experience. They have worked for and within the financial institutions that structure and originate transactions involving listed and unlisted debt securities.
The deals we work on range from standalone corporate bond issues, to secured and unsecured note programmes, asset-backed and repack note programmes. The majority of transactions we work on are listed, either on a regulated or exchange regulated market.
The team includes lawyers with a dedicated focus on providing specialist legal advice to the corporate trustee and the agency community. We are one of the only law firms in Ireland with such a focus. We act for a number of well-known trustees and agents on debt capital markets, structured finance and syndicated loan transactions.
We advise throughout the full life cycle of a trustee or agent’s appointment, from the initial set-up phase through the on-going management of
life cycle events.
We assist issuers with the listing of their debt securities at Euronext Dublin (the leading exchange worldwide for listing debt securities) and other leading exchanges such as the Vienna Stock Exchange and the Luxembourg Stock Exchange. We advise on which stock exchange to list with, liaise with the exchange and assist on all aspects of prospectus preparation, the approval process and the issuer’s continuing obligations.
We assist Irish and international issuers, lead managers and managers, arrangers and dealers, trustees and agents on the arranging, structuring and execution of these products and transactions.
“Excellent and pragmatic legal support. This firm will go beyond the call of duty!” Team possess “substantial experience advising on the establishment of medium-term note programmes and debt issuances.”
According to clients, “they are very competent and very knowledgeable".
The team is lauded for being "very knowledgeable.... approachable and a pleasure to work with".
Clients report that "the firm's client services are always prompt and efficient."
Clients are particularly pleased with the "quality of work and the responsiveness."
“Very flexible” team is “available to meet demands at short notice and with little hassle”.
"Quick and responsive, and strong in several areas. Very impressive overall."
‘very efficient and commercial’
"The team is extremely good at managing the transaction and getting it done; it works very closely together to get you across the line."
Legal counsel to Biohaven Pharmaceutical Ireland DAC in relation to its US$1,400,000,000 11% Fixed Rate Loan Note due 2035 and its listing on Vienna Stock Exchange’s Vienna MTF.
Legal counsel to American Fruits and Flavours DAC in relation to its Euro denominated 1% Loan Note due 2035 and its listing on Vienna Stock Exchange’s Vienna MTF.
Irish legal counsel to DCM US Multi-Family Home PLC in relation to (i) its $100,000,000 9.25% fixed rate secured notes due 2025 and (ii) its €100,000,000 8.40% fixed rate secured notes due 2025, and their listing on Euronext Dublin’s Global Exchange Market.
Lead counsel to FlexFunds, a provider of customised repackaging and asset backed securitisation products, on the set-up of, and issuances under, multiple Irish incorporated (section 110) issuers and secured note programmes.
Irish counsel to a Canadian institutional investor, which manages several public and parapublic pension plans and insurance programmes, on the Irish law aspects of the establishment and approval in 2019, and re-approval in 2020, by Euronext Dublin of its US$20 billion medium-term note programme and subsequent debt issuances, US$8 billion to date.
Trustee counsel on the set-up of, and issuances under, Lseries DAC’s secured limited recourse variable return amount note programme, coordinated by Lynk Capital Markets.
Trustee counsel on the set-up of, and issuances under, MBA Community Loans PLC’s €1 billion secured limited recourse note programme.
Regulatory counsel to a Multilateral Development Bank on its medium term note programme. The programme is approved for listing/admission to trading on the regulated market of Euronext Dublin.
Irish counsel to Kerry Group plc on the issuance of US$750 million unsecured notes and listing on Euronext Dublin’s Global Exchange Market.
Irish counsel to the acquisition vehicle backed by a consortium of private equity funds - comprising Berkshire Partners LLC, Advent International Corporation and Bain Capital Partners – on the issuance of US$310 million senior notes and listing on the Global Exchange Market in connection with the acquisition of SkillSoft PLC.