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Hogan Lovells International LLP

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Work 020 7296 2000
Fax 020 7296 2001

Andrew Carey

Work +44 20 7296 5949
Hogan Lovells US LLP

Work Department

International Debt Capital Markets




With a focus on corporate and sovereign debt securities offerings, Andrew's career is rooted in a broad corporate finance 'City' practice spanning equity and debt; secured and unsecured; public and private; structured and plain vanilla. He brings this vast experience to bear in helping clients get the deal they want – complex and difficult when needs be; simple and straightforward when possible. He has worked on financings by issuers across a wide spectrum of credit quality, geography and sector.Andrew joined the firm in 1990 and became a partner in 2000.

He was based in Singapore for three years from 2011 as head of our Asia DCM practice. He has a leading role in our DCM practice in emerging markets and has worked on transactions in Bangladesh, Botswana, Brazil, Columbia, Ghana, India, Indonesia, Kazakhstan, the Philippines, Russia, Turkmenistan, Ukraine and Zimbabwe.Andrew's clients include issuers, arrangers and providers of transaction services such as bond, security trustees and agents, corporate services providers and escrow providers. He is particularly well-regarded for his work on difficult restructurings and enforcements.

For example, while in Singapore, he established the firm as the pre-eminent international practice advising trustees on Indian bond defaults.Clients praise Andrew's approachability and the directories have recognised his commercial, solutions-based approach: he is a 'proactive lawyer who understands the commercial requirements of the client and is actively aware of the legal issues surrounding every situation' (Chambers Asia). Andrew is 'extremely personable, very easy to communicate with, technically very good and very commercial' (IFLR 1000). In Chambers Global 2014, a client is quoted as saying Andrew was 'a pleasure to work with ... accessibility, vast experience and legal knowledge.'

London: Finance

Debt capital markets

Within: Leading individuals

Andrew Carey - Hogan Lovells International LLP

Within: Debt capital markets

Hogan Lovells International LLP acts for a wide range of underwriter, issuer and trustee clients from its London office, which works in close collaboration with the firm’s global network to advise on emerging markets deals as well as US and European transactions. Andrew Carey is a key partner in the firm’s international debt capital markets team and has more than 25 years’ experience. His practice encompasses cross-border debt offerings including securities programmes, and both corporate and sovereign bonds. He regularly advises issuers, originators and underwriters on new issuance and bond restructuring. The firm also has a corporate trustee specialist in Kit Johnson. Known mainly for his high yield practice Sylvain Dhennin is also a key figure in Rule 144a deals. He acted in one of the largest-ever reverse Yankee bonds for Brown Forman, which issued tranches of €300m and £300m. The deal was the first Yankee bond to be issued by a US corporate and after the European Union referendum and also the first sterling-denominated deal to close after the vote. Senior associate Jonathan Malim has a busy practice advising on public and private bond offerings, including high yield bonds, on behalf of banks, corporations, multinational organisations and sovereign entities.

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Emerging markets

Within: Leading individuals

Andrew Carey - Hogan Lovells International LLP

Within: Emerging markets

Clients of Hogan Lovells International LLP rate ‘the overall level of service as excellent’. The firm draws on its finance and corporate practices to advise on banking, corporate finance, energy, project finance, equity and debt capital markets transactions. It is a prominent player in India, Africa, Russia, South America and Eastern Europe, where it acts for clients including IFC, EBRD and African Development Bank. DCM partner Andrew Carey and capital markets associate Megan James ‘do an excellent job keeping on top of all the issues; their advice is commercial while also mindful of protecting the client’s position’. Carey and senior associate Jonathan Malim acted for African Export-Import Bank on the annual update of its $3bn EMTN programme, which included a $750m drawdown. Other recommended specialists in the firm’s deep team include export finance partners Andrew Taylor and David Leggott, project finance and infrastructure expert Adrian Walker, private equity specialist Keith Woodhouse, and Richard Tyler, whose practice is dedicated to oil, gas and LNG transactions. Tyler is leading the firm’s international team acting for the Shah Deniz Consortium on a large and complex gas project in Azerbaijan and Turkey. He is also advising the Government of Niger Republic on a $1bn loan facility to support long-term oil sales. The London team also handles financings on behalf of the Ghana Infrastructure Investment Fund, which in 2016 included a $30m deal to support Ghana Airports Company.

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