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Mayer Brown

1221 AVENUE OF THE AMERICAS, NEW YORK, NY 10020-1001, USA
Tel:
Work +1 212 506 2500
Fax:
Fax +1 212 262 1910
Email:
Web:
www.mayerbrown.com

David Bakst

Tel:
Work +1 212 506 2551
Email:
Mayer Brown

Work Department

Corporate & Securities

Position

David Bakst is a partner in Mayer Brown's Capital Markets practice. His practice focuses on a wide variety of public and private securities offerings ranging from large New York Stock Exchange and NASDAQ listed IPOs and multibillion-dollar debt offerings to smaller private placements of securities for companies of all sizes. Areas of concentration for him include investment-grade debt, liability management and offerings involving foreign private issuers. David has extensive international experience and has worked on significant securities offerings for a number of the largest companies in Latin America, Asia and Europe. He has worked with clients from a broad range of industries, including financial services, oil, gas and petrochemicals, alternative energy, telecommunications and technology.

Education

Boston College Law School, JD, cum laude 1996 Editor-in-Chief, International & Comparative Law Review, 1995-1996 Northwestern University, BA 1993


United States: Finance

Capital markets: equity offerings

Within: Capital markets: equity offerings

Mayer Brown’s national practice is led out of Chicago by Edward Best and also draws upon key names in New York, Houston and Palo Alto. The team is well versed in the full spread of equity deals and routinely acts for issuers, investment banks, financial sponsors, placement agents and selling shareholders in major deals. In a significant highlight, New York’s George Baptista advised Companhia de Saneamento do Paraná on its $496m IPO. New York’s David Bakst is a high-profile figure in the team and assisted Adaptimmune Therapeutics with its $61.9m offering of American depositary Shares. New York-based John Berkery and Houston-based William Heller are also recommended. In a significant development, the firm recently hired a new capital markets team from Morrison & Foerster LLP, which included new global group co-head Anna Pinedo and Jerry Marlatt, as well as tax specialists Thomas Humphreys and Remmelt Reigersman - all join the New York office, except Reigersman who joins in Palo Alto.

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Capital markets: global offerings

Within: Capital markets: global offerings

Mayer Brown’s diverse practice, which attracts a high volume of both equity and debt work, routinely advises issuers and underwriters on public and private offerings - it also acts for financial sponsors and selling shareholders on equity transactions. Edward Best heads the group from Chicago and has a robust record in debt and equity matters; he recently advised Fédération des caisses Desjardins Du Québec on its $300m issuance of floating-rate senior notes. In another Canada-related highlight, a cross-office team comprised of London, New York and Chicago lawyers advised Canada Pension Plan Investment Board on its $1bn notes offering. The firm’s longstanding relationship with Brazil firm Tauil & Chequer Advogados in association with Mayer Brown also ensures it is regularly involved in Latin American deals. In a recent example, New York’s David Bakst worked alongside a Sao Paulo team to act as US counsel to the underwriters on BK Brasil Operação e Assessoria a Restaurantes’ R$2.2bn IPO. The firm hired a new capital markets team from Morrison & Foerster LLP in 2018, which included new global group co-head Anna Pinedo and Jerry Marlatt as well as tax specialists Thomas Humphreys and Remmelt Reigersman - all join the New York office, except Reigersman who is based in Palo Alto.

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Project finance

Within: Project finance

Texas Department of Transportation on the SH 288 Toll Lane project in Houston. P3 specialist Joseph Seliga was particularly active in this regard. In another example of the practice’s strong infrastructure capability, Douglas Doetsch and Nadav Klugman assisted the noteholders with the private placement of senior secured notes to be used for the purposes of redeveloping the L.F. Wade International Airport in Bermuda. In the energy sector, New York-based Christopher Erckert and David Bakst advised Celeo Redes Operación Chile on the issuance of dollar-denominated and local currency-denominated notes to finance the construction and operation of electricity transmission projects in Chile. The team also acted for lenders such as Deutsche Bank on various mid-market financings for renewables projects. Barry Machlin and Paul Astolfi are additional contacts. All named partners are based in Chicago except where stated otherwise.

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